Bunker Adjustment Factor (BAF) Surcharge

31 May 2022

Dear Valued Customer,

Hamburg Süd would like to inform you about the revision of our Bunker Adjustment Factor (BAF) for 01 July 2022

We have used Bunkerworld’ s fuel price index for 0,5% Sulphur fuel oil (VLSFO) for the BAF calculation and the average bunker price used is 875,20 USD/TON. The details on the period used for the calculation can be found in the table below.

Effective 01 July 2022, the Bunker Adjustment Factor (BAF) Surcharge will be as follows

In addition to BAF, further price elements may apply:

• Base Rate
• Security related charges and surcharges – respectively applicable at the Port of Origin and the Port of Destination
• Terminal Handling Charges – respectively applicable at the Port of Origin and the Port of Destination
• Additional charges and surcharges reflecting foreseeable high demand (such as Peak Season Surcharges)
• all other applicable surcharges, such as local charges and contingency charges, valid at the time of shipment

Above levels are applicable for all cargo on board vessels with ETD 01 July 2022. onwards (based on Pro forma date of departure) and until further notice.

Please contact your local Hamburg Süd representative should you require further information.

With kind regards,
Hamburg Süd

Thanks,

WCP.