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5 July 2010

South Africa Update and Expiry of Congestion Recovery Surcharge

Dear Valued Customer,

We are pleased to announce that Maersk Line's recovery after the strikes in South Africa is progressing well across all ports and services. There have been many factors contributing to the recovery, one of the most influential being the fixed berthing windows secured from Transnet Port Terminals (TPT) at the start of the year.

Durban port continues to make good progress on productivity levels and we anticipate that all services with fixed berthing windows will be on the planned windows by the second week of July (week 27).

Port Elizabeth has seen steady productivity levels. The high density within the yard has begun to clear as customers continue to assist in collecting their cargo in a timely manner and ease the congestion in the terminal.

Cape Town terminal has seen steady improvements in productivity levels. Vessels with fixed berthing windows are receiving priority and are moving closer to their scheduled slots.

Gate operations across the country are returning to normal productivity levels and we continue to encourage customers to collect their cargo from all terminals to assist in alleviating any additional congestion within the yards.

We are therefore pleased to advise that Maersk Line will withdraw the congestion recovery surcharge effective 5 July. The charge remains applicable for all cargo gated-in up until midnight on Sunday 4 July.

We would like to thank all customers and stakeholders for assisting us during this recovery period.

Respectfully,
Maersk Line