RULES

(A) "BOLD" LETTERED CHANGES ARE EFFECTIVE AT THE DATE MENTIONED (E.A.N.)

  Rule:   1  Sub-rule:                    Posting date: 27 Jan 2003

           Amend type: I               Effective date: 27 Jan 2003 
									
  Name: SCOPE
                                   RULE TEXT

          Rates published herein, and as may be later amended or
          superseded by Carrier apply between Carrier's United States
          Terminals and Carrier's Terminals in the Bermuda Islands
          as follows:

             Commodity rates apply BETWEEN base ports in The United States 
             Atlantic Coast AND the port of Hamilton in the Bermuda Islands.
				    
			 Base Port 		   - Salem, NJ
 
             US Atlantic Ports - Baltimore, MD; New York, NY;
                                 - Rates applicable to and from Carrier's designated
                                 facility. Designated receiving terminal in NY located in South Kearny. 


             Commodity Rates applying BETWEEN Ports in the Bermuda Islands
     		 AND U.S. Interior Points as specified in individual commodity items
			 in the following states: (See Note 2)

                       Alabama         Louisiana        Ohio
                       Arizona         Maine            Oklahoma
                       Arkansas        Maryland         Oregon
                       California      Massachusetts    Pennsylvania
                       Colorado        Michigan         Rhode Island
                       Connecticut     Minnesota        South Carolina
                       Delaware        Mississippi      South Dakota
                       District of     Missouri         Tennessee
                        Columbia       Montana          Texas
                       Florida         Nebraska         Utah
                       Georgia         Nevada           Vermont
                       Idaho           New Hampshire    Virginia
                       Illinois        New Jersey       Washington
                       Indiana         New Mexico       West Virginia
                       Iowa            New York         Wisconsin
                       Kansas          North Carolina   Wyoming
                       Kentucky        North Dakota

                       NOTE 2: Provisions for U.S. Interior Points
                               will apply via all U.S. Ports Served
                               by the Carrier.
          ===================== End of Rule Text =====================
  
  Rule:   2  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES
                                   RULE TEXT

          All property to be transported shall be received, held,
          carried and delivered, subject to the provisions of the
          applicable form of shipping permit, dock receipt and Bill
          of Lading of the Carrier:

          A.  This tariff provides commodity rates graduated into
              four specific levels.  Each level is referred to as a
              service, namely: House-to-House, House-to-Pier, Pier-
              to-House and Pier-to-Pier, which are defined below:
  
              House-to-House: House-to-House rates apply on cargo
              delivered to loading terminal, stuffed in a container,
              as described in Rule 002 Subrule 001 1.(a) for carriage
              to the vessel discharging terminal from where the
              container will be removed by the consignee or his
              agent for stripping elsewhere.

              House-to-Pier: House-to-Pier rates apply on cargo
              delivered to loading terminal, stuffed in a container,
              as described in Rule 002 Subrule 001 1. (a) for carriage
               to the vessel discharging terminal where the container
              will be stripped by terminal personnel at that location.

              Pier-to-House:  Pier-to-House rates apply on cargo
              delivered to loading terminal in a break-bulk fashion
              and stuffed in a container, as described in Rule 002
              Subrule 001 1. (a), by terminal personnel for carriage
              to the vessel discharging terminal from where the
              container will be removed by the consignee or his agent
              for stripping elsewhere.

                Pier-to-Pier:  Pier-to-Pier rates apply on all other
              cargo.

          B.  Except as otherwise specified, rates published herein
              are stated in U.S. Dollars and apply per cubic foot (M)
              or 100 Pounds (W), whichever basis yields the greater
              revenue.

          C.  All freight rates and other charges shall be based on
              the actual gross weight and/or actual gross measurement
              of each piece or package, except as otherwise provided,
               with the understanding that the fractional dimensions
              shall be disposed of in freighting cargo as follows:

              Fractional Inches:

              All fractions under one-half (1/2") inch shall be
              dropped.

              All fractions over one-half (1/2") inch shall be taken
              to the next full inch.

                Where a fraction of exactly one-half (1/2") inch
              occurs in one dimension, it shall be taken to the next
              full inch.

              Where a fraction of exactly one-half inch occurs in
              two dimensions, the one on the smaller dimension shall
              be taken to the next full inch and the other dropped.
              However, if both dimensions are equal, increase one
              fraction to the next full inch and drop the other.
              Where fractions of exactly one-half inch occur in three
              dimensions those on the largest and smallest dimensions
              shall be taken to the full inch and the other dropped.
              However, if all three dimensions are equal, increase
              two of the fractions to the next full inch and drop
              the other.

          D.  In measuring barrels, casks, kegs and drums, the
              measurements are to be taken on the square of the bilge.

          E.  In measuring an irregular package, the three greatest
              dimensions shall be used to determine the cube of the
              package.
  
          F.  Wherever in this tariff rates are provided as applying
              on minimum lots or quantities, such rates, unless
              otherwise provided herein will be applicable only
              where the minimum quantity specified is forwarded
              on one vessel by one shipper on one Bill of Lading
              to one consignee and notify party at one port of
              destination.

          G.  Packages containing articles of more than one kind will
              be charged at the tariff rate for the highest rated
                article contained therein.

          H.  Commodities shipped in packages containing premium or
              gift articles will be freighted at the prevailing rates
              for the same commodities shipped in the same manner
              without premium or gift articles, provided not more than
              one premium or gift articles is contained in each inner
              package of the commodity.  Shippers must certify on
              Bills of Lading whenever premium or gift articles are
              shipped.

          I.  Except as otherwise noted, all the rates shown herein
              are for non-hazardous materials (not corrosive, inflam-
              mable, toxic or poisonous).

          J.  Bills of Lading describing articles by trade names are
              not acceptable for commodity rating.  Shippers are re-
              quired to describe their merchandise by its common
              name, to conform to merchandise descriptions appearing
              herein.  Bills of Lading reflecting only trade names
              will automatically be subject to application of the
              rate specified herein for Cargo, N.O.S., as minimum.
  
          K.  MARINE INSURANCE:
              Rates named herein do not include Marine Insurance, or
              other service apart from transportation, unless other-
              wise provided herein.

          L.  PACKING REQUIREMENTS:
              All Cargo shall be packed in such manner as to protect
              it against damage from stowage and handling in
              quantities along with other cargo in any customary
              manner required for usual dispatch.  Packages must be
              marked durably and legibly and must show the port of
              destination.

              All packages must be numbered, which number, together
              with the marks and destinations must appear on the
              shipping receipts and Bills of Lading.  Gross weight
              in pounds and initials and port must be clearly and
              legibly shown on packages, also on original and
              copies of dock receipts tendered at time of delivery.

          M.  OWNER'S RISK

              a)  Glassware, crockery and all fragile property in
                  packages will be accepted only at the cargo
                  owner's risk of breakage.

              b)  Oil and other liquids will be accepted only at the
                  cargo owner's risk of leakage.

              c)  Perishable Goods when accepted will be carried only
                  at cargo owner's risk of damage occasioned by
                  frost, freezing, decay, heat and deterioration.
              d)  Deck Cargo will always be at cargo owner's risk.

              e)  In the case of all cargo which is liable from its
                  nature to lose weight or substance by attrition,
                  evaporation, etc., during the voyage, the Carrier
                  will be liable only for the delivery of the proper
                  number of bales, packages, etc., and no claims
                  for any alleged overpaid freight, weight or
                  measurement will be allowed on the basis of the
                  landed weight or measurement at the port of dis-
                  charge.

          N.  Any tollage, wharfage, handling and/or other charges
              assessed against the cargo in Bermuda will be for the
              account of the Cargo.

          O.  The charges for loading or unloading cargo between any
              place on the terminal in Salem and Railroad Cars,
              trucks or any other means of conveyance to or from the
              terminal facility, are for the account of the carrier.
          ===================== End of Rule Text =====================
    
  Rule:   2  Sub-rule: 001                Posting date: 08 MAY 2008
           Amend type: I               Effective date:  07 JUNE 2008

  Name: APPLICATION OF RATES AND CHARGES: CONTAINER CARGO
                                   RULE TEXT

          GENERAL RULES

          1. a.  For the purpose of these rules, a container means
                 a reusable and nondisposable intermodal unit to be
                 agreed upon by the Carrier suitable for carrying
                 the contents in transit as a unit.  It may be rigid
                 or collapsible and capable of being mounted and
                 secured in marine, rail and highway carriers, with
                 maximum dimensions of 20 Ft. (Length)/8 Ft. (width)
                   /8 Ft. 6 inches in Height.

             b.  Since it is necessary that containerized cargo be
                 stowed on or under deck at Carrier's option Bills
                 of Lading specifically claused to provide under-
                 deck stowage will not be issued for such cargo.

             c.  Shipments in House-to-House container(s) of
                 commodities for which this tariff provides "packed"
                 and "unpacked" rates will be rated on basis of the
                 packed rate.
  
             d.  When palletized shipments are carried on House-to-
                 House basis, Carrier will assess freight on the
                 actual weight or measurement of the cargo, including
                 the pallet.

             e.  If shipper requires insulated containers for the
                 House-to-House movement of non-temperature controlled
                 cargo, requests for such containers must be claused
                 "insulated stowage".  Cargo so transported shall be
                 subject to a charge of 20% over and above the appli-
                 cable tariff rate(s).

            2.  Third Party Expenses: Expenses incurred on behalf of
				cargo, and included on the bill of lading by the
				carrier for reimbursement, will have an administrative 
				charge 	added to the cost. This charge is set at
				fifteen percent (15%) of the total invoice amount
				of the third party	 vendor. This charge compensates
				carrier for cash outlays, commissions and other
			    expenses related to the administration of these
				expenses. Expense categories included under this rule:   
		
			a.	Government Agency Exam Costs; All costs related to
				inspection and examination	 of cargo by any Bermuda
				or US Government agency,  including Customs Border 
				Protection, USDA, Homeland Security, etc.; 

			b. 	Terminal and stevedoring charges related to 2. a.
				 above including positioning, devanning, storage,
				 etc.;

			c.	USDA charges related to the inspection, supervision
				 and safe handling of livestock, horses, etc.;

			d.  Charges incurred in containment and remediation
				 of cargo spillage, leakage, etc.;

			e.	Chassis rental and container storage charges
				 related to intermodal moves, where equipment
				 is made available per booking request, and where
				 cargo is unavailable for loading; 

			f.	Charges for Dunnage, lashing and securing, required
				 for safe transport of goods, and not included in
				freight quotation;

			g.	Handling of boats; either to or from water, prior
				 to carrier receipt or subsequent carrier delivery;   

          3.  PRIOR BOOKING ARRANGEMENT
              Carrier's ability to accommodate cargo is dependent
              on availability of suitable equipment.  Accordingly,
              prior booking is required on all cargo.

          4.  When container(s) are loaded by shipper or his agent
              and sealed, carrier will accept said shipments subject
              to "SHIPPER'S LOAD, STOWAGE AND COUNT" and Bill of
              Lading shall be so claused and:

              a. Carrier will not be responsible either directly or
                 indirectly for damage resulting from improper loading
                 or mixing of articles in carrier's container(s) or
                 for any discrepancy in count or concealed damage to
                 articles.

              b. Shipper shall furnish carrier with a list of contents
                 showing description of goods and the gross weight and
                 cubic measurements of the container(s).  Carrier re-
                 serves the right to open and inspect the contents of
                 a container.  The carrier will reseal and indicate
                 on the Bill of Lading that an inspection has been
                 made.
  
              c. When container(s) loaded with goods moving subject
                 to shipper's load and count are delivered to con-
                 signee or his agent, consignee or his agent must
                 furnish carrier with a clean receipt prior to
                 release of container(s) or contents to consignee
                 or his agent.

             d.  All cargo loaded in any one container shall be for
                 the same port of discharge of the carrier.

             e.  Shippers desiring to place a lock on any container
                 shall be at liberty to do so, but they must assume
                 full responsibility for sending proper key to the
                 consignee.

             f.  Vessel's liability will be limited to $500 with
                 respect to the entire contents of each container,
                 except when shipper declares a higher valuation and
                 shall have paid additional freight on such declared
                 valuation pursuant to appropriate rule in this
                 Tariff.
  
             g.  House-to-House cargo in any one container destined
                 for more than one ultimate receiver must be consigned
                 to one party to which carrier shall release container
                 at port of discharge.

          5.  BASIS FOR SINGLE FREIGHT ASSESSMENT

             a.  SINGLE COMMODITY
                 Cargo moving on house-to-house, pier-to-house, house-
                 to-pier basis, unless otherwise specifically provided
                 for in this Tariff, will be subject to the applicable
                 rates provided for in this Tariff.  When freight is
                 assessed on the basis of measurement, it will be
                 calculated on the actual dimensions of the cargo,
                 including packaging, if any.

             b.  MORE THAN ONE COMMODITY
                 When the contents of a container moving in house-to-
                 house, pier-to-house, or house-to-pier traffic is
                 made up of more than one commodity, freight charges
                 will be assessed at the rates applicable to each
                 individual commodity, subject to a minimum revenue
                 of $2300.00 per dry container or $2575.00 per
                 reefer container (See also Rule 2(g)).

             c.  OVERFLOW LOADS
                 If the carrier supplies the shipper with one or more
                 containers and the shipper does not fully load all,
                 or the last remaining container, or in the event
                 utilization of any of the containers is less than
                 80% of the total interior cubic capacity, compatible
                 with good stowage, the freight applying on the over-
                 flow cargo shall be calculated at tariff commodity
                 rates, based on the actual weight and measurement,
                 with the carrier reserving the right to utilize the
                 unused space.

             d.  Maximum Weights - A container shall not be loaded
                 with more than its approved maximum weight.

          6.  EXCLUSIVE USE
              Except as otherwise provided, the following minimum
              will apply if a shipper requires exclusive use of a
              container.

                  Ordinary Cargo    -     $2300.00 Per Container
                  Reefer Cargo      -     $2575.00 Per Container
          ===================== End of Rule Text =====================
    
  Rule:   2  Sub-rule: 002                Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES: REFRIGERATED CARGO
                                   RULE TEXT

          (a)  Refrigerated cargo will be subject to special booking
               arrangements with the Carrier, subject also to
               Carrier's option of acceptance at rates provided for.

          (b)  Bills of Lading covering freeze or refrigerated com-
               modities will be noted by shipper and shipments are
               subject to the following provisions:

               (1) Carrier not responsible for contamination resulting
                   from stowage by shipper of different commodities
                   in same container.

               (2) Carrier not responsible for accuracy or applica-
                   bility of refrigerating instructions given by
                   shipper.

               (3) Carrier not responsible for conditions arising
                   prior to or subsequent to its movement of refrig-
                   erated commodities.

          (c)  Carrier may refuse to carry any shipment tendered when
               pulp temperature of the cargo is not within 5 degrees
               F. of the temperature specified in the shipping
               documents to be maintained during transportation.
               When Carrier does except such shipments, it shall be
               at the cargo owner's risk for all loss and damage
               caused by spoilage and notation of same will be
               inserted in the Bill of Lading.

          (d)  Shipper must guarantee that consignee will take
               delivery of cargo immediatley upon spotting of
               containers.  Carrier not responsible for condition
               of cargo on outturn if consignee fails to do so.
               Carrier is not responsible for maintaining temperatures
               after container opened.

          (e)  After a trailer/container has been delivered to
               consignee, Carrier will not accept liability for any
               damage to the cargo due to the improper functioning
               of the refrigeration unit if trailer/container is not
               returned to Carrier's terminal within 48 hours after
               delivery is effected on frozen cargoes and 24 hours
               on chill cargoes.  In event that the trailer/container
               is returned to the carrier in an inoperative condition,
               consignee will bear the expense of returning unit to an
               operating condition.
          ===================== End of Rule Text =====================
  
  Rule:   2  Sub-rule: 003                Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES: REFINED PETROLEUM PRODUCTS
                                   RULE TEXT

          Refined Petroleum Products, such as Benzene, Gasoline,
          Kerosene and Naptha, accepted only when packed in boxed
          tins or cans, or in iron or steel barrels or drums and
          marked as required by United States Law.
          ===================== End of Rule Text =====================

  Rule:   2  Sub-rule: 004                Posting date: 14Mar1995
           Amend type: AC              Effective date: 4 August 2005

  Name: APPLICATION OF RATES AND CHARGES: LIVESTOCK
                                   RULE TEXT

          1.  All livestock is accepted for shipment and is carried
              at the sole risk of the shipper and/or owner subject
              to mortality clause.

          2.  The Carrier reserves the right to cancel or delay ship-
              ment of livestock whenever weather, cargo operations
              or other circumstances could threaten the safety of
              the livestock.

          3.  Ocean freight must be prepaid, at the port of loading
              or destination two days prior to the vessel's scheduled
              sailing.

          4.  Bedding and sufficient feed for the voyage to be sup-
              plied by the shipper and/or owner and to be carried
              freight free.  At destination the owner/receiver and/or
              shipper will be responsible to clean and remove all
              waste, debris excess feed or bedding, such cleaning
              to be arranged by the carrier at a cost of $300.00
              Per Container and to be paid with the ocean freight.
  
          5.  The Carrier will supply buckets and feed nets for
              each stall.

          6.  When accommodations are available and at the discretion
              of the master shipper's and/or consignee's attendant
              accompanies shipment of livestock a board and lodging
              fee of $150 will be charged per attendant.  Free
              transportation, carrier assumes no responsibility,
              attendant travels at his own risk.

          7.  Attendants may only travel one way and only with the
              livestock.

          8.  Rule 9 does not apply for the shipment of livestock.

          9.  All expenses for Veterinary Inspection & Supervision
          (C) by the U.S.D.A. are for the account of the shipper and
              will be paid by the shipper directly to the U.S.D.A.
          ===================== End of Rule Text =====================
  
  Rule:   2  Sub-rule: 005                Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES: UNCONTAINERIZABLE CARGO
                                   RULE TEXT

          Ocean Carrier will not accept, without prior booking
          arrangements, any cargo that because of its physical
          dimensions or weight cannot be stowed into carrier's
          containers.  Any such cargo, except as otherwise provided
          herein, will be subject to additional charges stipulated
          in Rules 4 and 5 where applicable.
          ===================== End of Rule Text =====================


  Rule:   2  Sub-rule: 006                Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES: STORAGE OF P/P & P/H CARGO
                                   RULE TEXT

           STORAGE OF PIER-TO-PIER (P/P) AND PIER-TO-HOUSE (P/H) CARGO

          A.  Shipments accepted by Carrier for transportation will be
              allowed a free storage time of ten (10) days, excluding
              Saturdays, Sundays, and Legal Holidays.

          B.  Shipments held in excess of the free time through no
              fault of the Carrier will be assessed in accordance
              with the official terminal tariff
  
          ===================== End of Rule Text =====================
  
  Rule:   2  Sub-rule: 007                Posting date: 15Nov1994
           Amend type: IR              Effective date: 15Nov1994 

  Name: APPLICATION OF RATES AND CHARGES: RATES ON MIXED SHIPMENTS
                                   RULE TEXT

          1. General Application
             When two or more commodities are shipped at one time by
             one shipper to one consignee to one destination on one
             Bill of Lading for which different rates are provided in
             this tariff, the separate rate applicable to each
             commodity will apply, except as follows:

             a.  If actual weights and/or measurements for each
             commodity are not obtainable, charges for the entire
             shipment will be computed at the rate applicable to
             the highest rated commodity in the shipment.

             b.  If two or more commodities are tendered in a
             shipperpacked container and the rates for one or more
             commodities are subject to a minimum requirement per
             container, the rate to apply on each commodity will be
             the rate which would apply if such commodity were
             tendered as a straight shipment with a weight, measure
             or package/carton count the same as the weight,
             measure or package/carton count of the mixed shipment
             in the container.
  
             The minimum requirement for each container will be the
             highest applicable to any commodity in the container
             and any deficit in weight, measurement or
             package/carton count will be charged for at the
             highest applicable rate to any commodity in the
             container.

             This rule will only apply when actual weights and/or
             measurements for each commodity in each container are
             declared on the Bill of Lading.  In the event a lower
             charge results by assessing the rate applicable to
             each commodity, such lower charge will apply.

             c.  If two or more commodities are tendered in a
             shipper packed container and if there is a per container
             rate applicable to each commodity, then the highest
             applicable per container rate will apply.

          2. Application for Mixed Commodity Rate Items in
             Chapter 99 only:

             Rate Items in Chapter 99 of all Rate Sections shall be
             subject to a minimum of three (3) commodities per
             container with no one commodity exceeding 70% of the
             cargo weight per container unless otherwise specified in
             the item.  A packing list is required prior to the
             vessel sailing.



          ===================== End of Rule Text =====================
Rule:   2 Sub-rule:008                              Posting date: 8 Sep 2006
        Amend type:  1                           Effective date: 16 Oct 2006

Name: APPLICATION OF RATES AND CHARGES: INTERNATIONAL SHIP AND PORT FACILITY SECURITY CODE (ISPS)
                                RULE TEXT
           INTERNATIONAL SHIP AND PORT FACILITY SECURITY CODE (ISPS) 
   
An ISPS Surcharge will be levied on all cargo as follows: 
    Container Load Cargo - $ 6.00 Per TEU
              Less-than-Container Load Cargo, RORO, Breakbulk and priced on a lump sum : $6.00 per Bill of Lading



           ===================== End of Rule Text =====================    

Rule: 2 Sub-rule: 009                            Posting date: 04 Sep 2007
        Amend type:1                         Effective date : 04 Sep 2007

Name: APPLICATION OF RATES AND CHARGES : A GAMMA RAY SYSTEM USES RADIOGRAPHIC IMAGES TO HELP INSPECTORS EXAMINE THE CONTENTS OF CONTAINER.
                                         CODE (VACIS)
VACIS Surcharge $ 50.00 

        ===================== End of Rule Text =====================         

 Rule: 2 Sub-rule: 010                            Posting date: 14 Aug 2009
        Amend type:1                           Effective date : 14 Sep 2009 

Name: APPLICATION OF RATES AND CHARGES : Importer Security Filing for U.S. imports.
                                         CODE (ISF-10)		
									
					 RULE TEXT:
AT THE IMPORTER'S OPTION, THE LINE WILL INPUT THE IMPORTER SECURITY FILING ON BEHALF OF THE IMPORTER. 
          ISF-10 Surcharge : $45.00 per bill of lading (including house bills) 						 
									 	 

          ===================== End of Rule Text =====================

 

 

  Rule:   3  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: RATE APPLICABILITY RULE
                                   RULE TEXT

          Rates, rules and charges applicable to a given shipment
          will be those in effect on the date the cargo is received
          by the carrier or its agent, including an inland carrier
          in the case of an intermodal shipment.
          ===================== End of Rule Text =====================
  Rule:   4  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: HEAVY LIFT
                                   RULE TEXT

              HEAVY OR BULK PACKAGES OR PIECES (See Notes 1 and 2)

          Pier/Pier and Pier/House Rates published in this tariff on
          a W, M or W/M basis apply on packages or pieces not over
          4480 pounds each, except as otherwise provided.  Packages
          or pieces weighing over 4480 pounds each will be subject
          to the following rates (which apply on the entire weight
          or measurement of the package or piece) in addition to
          the commodity rates published herein to cover extra hand-
          ling and are subject to Carrier's option of acceptance:

           WEIGHT OF PACKAGE OR PIECE     MEASUREMENT    WEIGHT LBS.
                                            CU. FT.

            4481 TO  6720 LBS. EACH         $ 0.20         $ 0.40
            6721 TO  8960 LBS. EACH           0.25           0.50
            8961 TO 11200 LBS. EACH           0.30           0.60
           11201 TO 13400 LBS. EACH           0.35           0.70
           13401 TO 15680 LBS. EACH           0.40           0.80
           15681 TO 17920 LBS. EACH           0.45           0.90
           17921 TO 20160 LBS. EACH           0.50           1.00
           20161 TO 22400 LBS. EACH           0.55           1.10
           22401 TO 22640 LBS. EACH           0.60           1.20
           24641 TO 26800 LBS. EACH           0.65           1.30
           26801 TO 29120 LBS. EACH           0.70           1.40

          For each additional 2240 lbs. or part thereof, add $0.05
          per cu. ft. or $0.10 per cwt., as freighted, to the rates
          applicable on pieces or packages weighing 29120 lbs.

          NOTE 1: Subject to special booking arrangement with the carrier.
          NOTE 2: Per Container Rates are Not Subject to these charges.
          ===================== End of Rule Text =====================
  
  Rule:   5  Sub-rule:                    Posting date: 10Feb2008
           Amend type: I               Effective date: 15Nov1994 
										Expiration date: 11 Mar 2008
  Name: EXTRA LENGTH
                                   RULE TEXT

          Pier/Pier and Pier/House Rates published in this tariff on
          a W, M or W/M basis will apply only on packages not exceed-
          ing 19 feet, 6 inches in length, except as noted.  Except
          as otherwise provided, packages or pieces over 19 feet,
          6 inches in length will be subject to the following rates
          (which apply on the entire weight or measurement of the
          package or pieces) in addition to the commodity rates
          published herein and will be subject to ship's option of
          acceptance:
  
          LENGTH OF PACKAGE OR PIECE       MEASUREMENT    WEIGHT 100
                                              CU. FT.         LBS.
          OVER 19 FT., 6 IN. 
               BUT NOT OVER  25 FT.            $0.10         $0.20
          OVER 25 FT. BUT NOT OVER 30 FT.       0.15          0.30
          OVER 30 FT. BUT NOT OVER 35 FT.       0.19          0.39
          OVER 35 FT. BUT NOT OVER 40 FT.       0.24          0.48
          OVER 40 FT. BUT NOT OVER 45 FT.       0.27          0.55
          OVER 45 FT. BUT NOT OVER 50 FT.       0.32          0.64
          OVER 50 FT. SUBJECT TO SPECIAL
               ARRANGEMENT WITH CARRIER, BUT
               NOT LESS THAN                    0.35          0.71

          NOTE 1: Subject to special booking arrangement with the carrier.
          NOTE 2: Per Container Rates are Not Subject to these charges.
          ===================== End of Rule Text =====================
		  
		  
	Rule: 	5	Sub-rule				Posting date: 10 Feb 2008
			Amend type: C						Effective date: 11 Mar 2008

	Name: Out of Gauge
								Rule Text

		Cargo delivered to carrier whose dimensions exceed the maximum 
		dimensions of ISO standard equipment, shall be subject to out 
		of gauge premiums applied on the following basis:

		Over height 						25% additional base port rate

		Over length stowed on 20’ equipment
		Over 21’ up to 22’ overall length		25% additional base port rate
		Over 22’ up to 40’ overall length		50% additional base port rate

		Over length stowed on 40’ equipment		
		Over 40’ up to 42’ overall length		25% additional base 40’ rate
		Over 42’ up to 50’ overall length		50% additional base 40’ rate

		Over width 
			
		Width over 8’6” up to 9’10”				25% additional base port rate
		Width over 9’10” up to 11’6”			50% additional base port rate
		Width over 11’6” up to 13’1.5”			75% additional base port rate

				=================== End of Rule Text ===================

		  
  
  Rule:   6  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: MINIMUM BILL OF LADING CHARGES
                                   RULE TEXT

          The Minimum Charge on any one Bill of Lading will be as follows:
                     Ordinary Stowage         -  $250.00 
                     Refrigerated Stowage     -	 $250.00
                     Hazardous Cargo          -  $250.00 
          ===================== End of Rule Text =====================
  Rule:   7  Sub-rule:                    Posting date: 27Nov1998
           Amend type: C               Effective date: 27Nov1998 

  Name: PAYMENT OF FREIGHT CHARGES
                                   RULE TEXT

          A.  All freight and other charges shall be considered earned
              upon receipt of the goods by the Carrier.  All freight
              and other charges shall be collectible by the carrier
              ship and/or cargo lost or not lost or voyage interrupted
              or abandoned or whether the goods be damaged or lost
              or packages be empty or partly empty.

              Except as otherwise provided in this Tariff:
              Prepaid freight and other charges provided for in this
              tariff must be paid in full by the shipper and his
              authorized freight forwarder, if any, as billed upon
              receipt of the goods for carriage and tender of the
              Bill of Lading by the Carrier.  Carrier will when re-
              quested (by those who have continued to pay in full
              within 15 working days) extend credit to a shipper or,
              when credit is requested or accepted by a freight
              forwarder who arranges shipment on behalf of a shipper,
              to the shipper and his authorized freight forwarder
              jointly and severally, for a period not to exceed
              thirty (30) working days excluding Saturdays, Sundays
              and legal holidays from the date of sailing of the
              vessel from the port at which the cargo is loaded.

              Appointment by a shipper of a freight forwarder shall
              be deemed to be an assumption by the shipper of joint
              and several liability which the freight forwarder for
              payment of all freight and other charges.  A request
              for, or acceptance of, credit by a shipper shall be
              deemed to be an agreement by the shipper to assume
              joint and several liability with the freight forwarder
              for payment of all freight and other charges.  A re-
              quest for, or acceptance of, credit by a freight for-
              warder shall be deemed to be an agreement by the
              forwarder to assume joint and several liability with
              the shipper for payment of all freight and other
              charges.  No freight forwarder is or shall be the
              agent of a carrier for collection of freight or other
              charges; and any freight forwarder shall be dealt with
              by the carriers only as the agent of the shipper for
              payment of such charges.

          B.  Early Payment Allowance
              -----------------------
              The freight payable on any FCL shipment shall be subject
              to an early payment allowance in the following amount
              and subject to the following conditions:

              1)  The early payment allowance shall be equal to four
                  percent of the freight (excluding any and all
                  charges and other accessorials), except that, for
                  Intermodal shipments rated under the Rate
                  Section of this Tariff, the allowance shall be
                  equal to two percent of the freight (excluding
                  any and all charges and other accessorials);

              2)  Payment of the Freight (Including any and all
                  charges and other accessorials), shall be
                  received by the carrier at or prior to noon on
                  Wednesday of the following week during which the
                  vessel on which the shipment was manifested shall
                  have arrived or been scheduled to arrive at its
                  destination port;

              3)  The freight payment shall be made by wire transfer
                  to the Carrier, by certified or bank cashier's
                  check payable to the Carrier, or by company check
                  payable to the Carrier and collected by the Carrier
                  in the ordinary course subsequent to receipt;

              4)  At the time of such payment, the party paying the
                  freight shall not owe to the Carrier any freight
                  which has become ineligible for the early payment
                  allowance;
          ===================== End of Rule Text =====================
  
  Rule:   8  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: BILL(S) OF LADING
                                   RULE TEXT

                                     BISL

       BERMUDA INTERNATIONAL SHIPPING LIMITED
          -----------------------------------------------------------

                           GENERAL AGENTS
                           Voigt Maritime Inc.
                           11 Broadway, Suite 1730
                           New York, N.Y. 10004
                           Tel: 212-635-9580
                           Fax: 212-635-9584

          BERMUDA AGENTS                   CANADA AGENTS
          Meyer Agencies Ltd.              Seabridge International Shipping Inc.
          35 Church Street                 401 Rue Notre Dame Street East
          Hamilton,HM 12 Bermuda           Montreal, Quebec H2Y 1C9
          Tel: 441-296-9798                Tel: 514-393-9100
          Fax: 441-295-4556                Fax: 514-393-1515
                                   
          -----------------------------------------------------------
                             TERMS AND CONDITIONS

          1.  DEFINITIONS: "Carrier" means Bermuda International
          Shipping Limited  "Merchant" includes the consignor,
          shipper, consignee, receiver, the holder of this Bill
          of Lading, and the owner of the Goods.  "Vessel" means
          the vessel named herein and any other ship used in the
          performance of the transportation herein contracted for.
          "Goods" means the cargo shipped hereunder and any container
          in which the cargo is packed if the container is not
          furnished by the Carrier.  "Land Transporter" means any
          road or rail transporter utilized by the Carrier to per-
          form any services indicent to through transportation.

          2.  CLAUSE PARAMOUNT.  (a) Insofar as it does not provide
          for land transportation, this Bill of Lading shall have
          effect subject to the U.S. Carriage of Goods by Sea Act,
          1936, which shall also apply to Goods carried on deck.
          Said Act shall govern throughout the entire period the
          Goods are on board the Vessel or at sea terminals before
          loading or after discharge from the Vessel.  Insofar as
          this Bill of Lading provides for land transportation,
          either to the loading port or from the discharge port named
          herein, this Bill of Lading shall be governed by the con-
          tracts, tariffs and rules of law applicable to the Land
          Transporters.  The Carrier guarantees the fulfillment of
          the Land Transporters' obligations.
          (b) The terms of the tariffs of the Carrier and of any Land
          Transporter in the United States, which are on file with
          the Federal Maritime Commission or the Interstate Commerce
          Commission, Washington, D. C. and available for inspection
          at any of the Carrier's offices, are incorporated herein.
          In the case of any inconsistency between this Bill of Lading
          and the applicable tariff, the provision of such tariff shall prevail.

          3.  LIMITS OF CARRIER'S LIABILITY. (a) The Carrier's
          liability for loss or damage to any Goods shall in no
          event exceed the sound value at destination of such Goods.
          (b) The Carrier's tariff offers a choice of freight rate
          based upon the declared value of the Goods.  The Carrier's
          liability shall be limited as provided in Clause 3(c) below
          unless, before shipment, the Merchant shall insert a higher
          value in the appropriate space on the reverse side of this
          Bill of Lading and pay extra freight in accordance with
          the Carrier's tariff.  Subject to the provisions of
          Clause 3(a) above, such declared value shall be deemed to
          be the actual value of the Goods.
          (c) Where no higher value has been declared, as provided
          in Clause 3(b), the Carrier's liability shall be limited as follows:
            (i)    If loss or damage occurs while the Goods are in
                   the custody of a Land Transporter, the Carrier's
                   liability shall be limited in accordance with the
                   tariff, contract or rules of law applicable to
                   the Land Transporter;
            (ii)   If the loss or damage occurs after the Goods have
                   been received by the Carrier at the loading port,
                   during the sea carriage, or before the Carrier
                   has delivered the Goods at the discharge port to
                   the Merchant or to a Land Transporter, the
                   Carrier's liability shall be limited as provided
                   in Section 4(5) of the U.S. Carriage of Goods by
                   Sea Act, 1936;
            (iii)  If the place where the loss or damage occurred
                   cannot be established, the loss or damage shall be
                   deemed to have occurred during the period referred
                   to in Clause 3(c)(ii) above.
          (d) The Carrier shall be entitled to the benefit of and
          right to all limitations of, and/or exceptions from,
          liability contained in 46 U.S. Code Sections 181-188 inclusive.

          4.  SUIT AGAINST CARRIER.  Any action against the Carrier
          or the Vessel for loss or damage to Goods occurring during
          the periods referred to in Clauses 3(c)(ii) and (c)(iii),
          shall be brought within one year after delivery of the
          Goods or the date when the Goods should have been delivered.
          Any action against the Carrier for loss or damage to Goods
          occurring while they are in the custody of the Land
          Transporter shall be brought within the time specified in
          the contract, tariff or rule of law applicable to the Land
          Transporter.  The United States District Court for the
          Southern District of New York shall be the exclusive forum
          for adjudication of any claim against the Carrier arising
          out of or relating to this Bill of Lading or the breach
          of any of its terms.

          5.  FREIGHT: (a) Full freight, whether prepayable or payable
          at destination, shall be deemed to have been earned upon
          receipt of the Goods and shall not be returned.  Vessel
          and/or cargo lost or not lost.
          (b) The Carrier may at any time inspect the Cargo
          (including the contents of any container or package con-
          taining cargo) in order to ascertain weight, measurement
          or value for the purpose of verifying the freight basis.
          If the Merchant's particulars are found to be erroneous,
          additional freight is payable and the Merchant is liable
          for the expense incurred.
          (c) The Carrier shall have a lien on the Goods for any
          amount due under this Bill of Lading and shall be entitled
          to sell the Goods to enforce such lien.

          6.  STOWAGE: The Carrier may, without notice to the
          Merchant, stow containers on deck.  Containers so stowed
          shall participate in General Average.  The Carrier shall
          not be responsible for the functions of special containers
          with refrigeration or heating units, unless such containers
          are owned or leased by the Carrier.

          7.  DANGEROUS GOODS: Even if the Goods are correctly
          identified in the Bill of Lading, the Merchant must advise
          the Carrier in writing before shipment if the Goods are
          of a flammable, explosive, corrosive or otherwise dangerous
          nature, specifying the exact nature of the danger and the
          precautions to be taken.  If such Goods shall become a
          danger to the Vessel or cargo, the Carrier shall have the
          right to throw the Goods overboard or to dispose of them
          at any time without liability on the part of the Carrier
          and without compensation to the Merchant, who shall be
          responsible for all loss, damage or expense resulting from
          the danger of such Goods or from their disposal.

          8.  LIABILITY OF MERCHANT: (a) The Merchant shall be deemed
          to have guaranteed to the Carrier the accuracy, as of the
          time the Goods are delivered for transportation hereunder,
          of the description of the Goods, marks, numbers, quantity
          and weight furnished by him, and the Merchant shall
          indemnify the Carrier against all loss, damage or expense
          resulting from any inaccuracy.
          (b) Where a container has not been filled or packed by or
          on behalf of the Carrier, the Merchant shall indemnify the
          Carrier against any loss or liability which the Carrier may
          incur on account of personal injury or loss or damage to
          any property caused by:
            (i)    The manner in which such container has been filled
                    or packed;
            (ii)   The unsuitability of the goods for transportation
                    in such container; and
            (iii)  Any unsuitability or defective condition of such
                   container; provided however, that in the case of
                   a container supplied by or on behalf of the
                   Carrier, this Clause (b)(iii) shall apply only if
                   such unsuitability or defective condition would
                   have been apparent upon reasonable inspection
                   by the Merchant at or prior to the time of such
                   filling or packing.
          (c) The Merchant shall be liable for any payment, expense,
          fine, dues, duty, tax, damage or detention incurred by the
          Carrier, the Vessel or the Land Transporter in connection
          with the Goods, including any action or requirement of
          any government or governmental authority, any seizure under
          legal process or attempted seizure, and any failure of the
          Merchant to procure consular, health, or other certificates
          to accompany the Goods or to comply with any applicable
          laws or regulations.

          9.  GENERAL AVERAGE: General Average will be adjusted and
          payable in New York or elsewhere at the option of the
          Carrier according to the York-Antwerp Rules 1974 and, as
          to matters not therein provided, according to the laws and
          usages at the place of adjustment.  In the event of
          accident, danger, damage or disaster before or after
          commencement of the voyage resulting from any cause what-
          soever, whether due to negligence or not, for which or
          for the consequence of which the Carrier is not responsible
          by statute, contract or otherwise, the Merchant shall
          contribute with the Carrier in General Average to the
          payment of any sacrifice, losses or expenses of a General
          Average nature that may be made if incurred, and shall pay
          salvage and special charges incurred in respect of the
          Goods.  If a salving vessel is owned or operated by the
          Carrier, salvage shall be paid for as fully as if the
          salving vessel or vessels belonged to strangers.  Such
          deposit, as the Carrier or its agents may deem sufficient
          to cover the estimated contribution of the Goods, and any
          salvage and special charges thereon, shall, if required,
          be paid to the Carrier or its agents prior to delivery into
          a special account in accordance with the provisions of the
          said Rules.

          10. LIABILITY OF CARRIER'S SERVANTS AND AGENTS.
          No servant or agent or the Carrier (including any stevedore, terminal
          operator or independent contractor employed by the Carrier)
          shall in any circumstances whatsoever be under any liability
          whatsoever to the Merchant arising or resulting directly or
          indirectly from any act, neglect or default while acting
          in the course of or in connection with its employment as
          servant or agent.  Without prejudice to the generality of
          the foregoing, every exemption, limitation, condition and
          liberty herein contained and every right, exemption from
          liability, defense and immunity of whatsoever nature applic-
          able to the Carrier or to which the Carrier is entitled
          hereunder shall also be available and shall extend to
          protect every such servant or agent of the Carrier (includ-
          ing any such stevedore, terminal operator or independent
          contractor) acting as aforesaid.  For the purpose of this
          Clause, the servants and agents of the Carrier shall include
          all stevedores, terminal operators and independent contract-
          ors employed by the Carrier; and the Carrier is or shall be
          deemed to be acting as agent or trustee on behalf of and
          for the benefit of all persons who are or might be its
          servants or agents.

          11. STRIKE CLAUSE: The Carrier shall not be responsible for
          any loss, damage or delay directly or indirectly resulting
          from strikes, lockouts, labor disturbances, trade disputes,
          or anything done in contemplation or furtherance thereof,
          whether the Carrier be party thereto or not.

          12. FIRE: Neither the Carrier nor any of its affiliates
          shall be liable for any loss or damage to Goods occurring at
          any time (including the periods before loading on and after
          discharge from the Vessel) resulting or arising from fire,
          unless such fire shall have been caused by the actual
          fault or privity of the Carrier.

          13. BOTH TO BLAME COLLISION CLAUSE:  If the ship comes into
          collision with another ship as a result of the negligence
          of the other ship and any act, neglect or fault of the
          Master, Mariner, Pilot or the servants of the Carrier in
          the navigation or in the management of the ship, the Owners
          of the Goods carried hereunder will indemnify the Carrier
          against all loss of liability to the other or non-carrying
          ship or her Owners insofar as such loss or liability repre-
          sents loss of, or damage to, or any claim whatsoever of the
          Owners of said goods, paid or payable by the other or non-
          carrying ship or her Owners as part of their claim against
          the carrying ship or carrier.

          The foregoing provisions shall also apply where the Owners,
          Operators, or those in charge of any ship or ships or
          objects other than, or in addition to, the colliding ships
          or objects are at fault in respect of a collision or contract.

          14. MISCELLANEOUS: None of the provisions of this Bill of
          Lading expressly limiting the liability of the Carrier or
          any of its affiliates, servants or agents shall be deemed
          to reduce the scope of any other limitation of liability
          afforded by law or contract.  The headings herein are for
          convenience only and shall not affect the interpretation
          of any provision hereof.
          ===================== End of Rule Text =====================
 


  Rule:   9  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: FREIGHT FORWARDER COMPENSATION
                                   RULE TEXT

          A. Payment of Compensation:

             Compensation to a licensed Ocean Freight Forwarder will
             be paid in connection with any shipment dispatched on
             behalf of others when, and only when, such forwarder is
             licensed with the Federal Maritime Commission under
             Section 19(a) of the Shipping Act of 1984 and has
             certified in writing that it holds a valid license
             and has performed the following services:

             1.  Engaged, booked, secured, reserved, or contracted
                 directly with the carrier or its agent for space
                 aboard a vessel or confirmed the availability of
                 that space.

             2.  Prepared and processed the Ocean Bill of Lading,
                 Dock Receipt, or other similar document with respect
                 to the shipment.

          B.  Carrier will not pay compensation for services described
                in Paragraph A more than once on the same shipment.

          C.  Carrier will not knowingly pay compensation on a ship-
                ment in which the Forwarder has a direct or indirect
                beneficial interest.

          D.  The amount of Compensation will be as follows: (See Note 1)
                EXPORT SHIPMENTS -
                  A. Shipments subject to House/House or House/
                       Pier rates and all shipments subjects to
                       per container or lumpsum rates: 2 1/2%
                  B. All other shipments:  4%

                IMPORT SHIPMENTS -
                  A. Shipments subject to House/House or House/
                       Pier rates and all shipments subject to per
                       container or lumpsum rates:  2 1/2%
                 B.  All other shipments:  4%

                 NOTE 1:  Commission will not be paid on any surcharges.
          ===================== End of Rule Text =====================
  
  Rule:  10  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: SURCHARGES AND ARBITRARIES
                                   RULE TEXT

          When more than one surcharge and/or arbitrary, which are
          stated in terms of percentages, are imposed upon the same
          shipment, such surcharges and/or arbitraries shall first
          be combined and the aggregate shall be applied in computing
          the additional charges.
          ===================== End of Rule Text =====================
   

 Rule:  10  Sub-rule: 1                   Posting date: 13 November 2009
           Amend type: I                   Effective date: 16 December 2009 

  Name: SURCHARGES, FUEL


                                   RULE TEXT  

 FULL CONTAINER LOADS (FCL) $ 55.00 per TEU
(INCREASE TO $90.00 PER TEU, EFFECTIVE December 16, 2009)	
					
	RO/RO & breakbulk cargo priced on Lump sum basis: 3.0 % of Freight Revenue
(INCREASE TO 5.0% OF FREIGHT REVENUE, EFFECTIVE December 16, 2009)

        	===================== End of Rule Text =====================
  

 Rule:  10 Sub-rule: 2                   Posting date: 26 March 2010
          Amend type: AC               Effective date: 1 April 2010 

 Name: SURCHARGES AND ARBITRATIES: BERMUDA CUSTOMS INSPECTION FEE (BCIF)
				RULE TEXT

 			BERMUDA CUSTOMS INSPECTION FEE

 Except as otherwise specifically provided, a Bermuda Custom Inspection Fee 
 will be assessed on all cargo as follows: 

 Less-than-Container-load Cargo - $7.50 per Bill of Lading
 Container-Load Cargo - $32.00 per container.
(INCREASE TO $50.00 PER CONTAINER,EFFECTIVE APRIL 1,2010)

       	===================== End of Rule Text =====================

		
    Rule:   10  Sub-rule: 3             Posting date: 8 Sep 2006
           Amend type: I              Effective date: 16 Oct 2006 

   Name: SURCHARGES AND ARBITRATIES: INTERNATIONAL SHIP AND PORT 
			FACILITY SECURITY CODE (ISPS)  
               
       				           RULE TEXT

               INTERNATIONAL SHIP AND PORT FACILITY SECURITY CODE (ISPS)

       An ISPS Surcharge will be levied on all cargo as follows:

       Container Load Cargo  -  $ 6.00 Per TEU

		  Less-than-Container Load Cargo, RORO, Breakbulk and Cargo
		  priced on a lump sum: $6.00 per Bill of Lading


        ===================== End of Rule Text =====================

Rule:  10  Sub-rule: 4                   Posting date: 08 Sep 2006
           Amend type: I               Effective date: 08 Sep 2006 

  Name: SURCHARGES AND ARBITRARIES: HAZARDOUS CARGO TRUCKING SURCHARGE

	A surcharge will be levied on all loads that require a driver with 
	a hazardous materials license as follows: $100 per load. 


        ===================== End of Rule Text =====================
		

Rule:  10 Sub-rule: 5                   Posting date: 24 November 2009
          Amend type: I               Effective date: 24 November 2009 

 Name: SURCHARGES AND ARBITRARIES: BERMUDA TERMINAL HANDLING CHARGE (BTHC)

 Bermuda Internatioanl Shipping Ltd will collect the Bermuda Terminal 
 Handling Charge (BTHC) for Stevedoring Services, as following surcharges:

 Full Container Loads (FCL)                $44.40 per TEU
(NVO containers with commodity Freight all Kind	stripped on the dock are excluded)

 Trailers				  $88.80 per trailer
 Motor Vehicles	              $ 6.00 per unit
 Breakbulk cargo			$0.08 per cft or $0.16 per 100 lbs, whichever is
				        	greater.

 LCL reefer cargo rates will be adjusted to include the additional BTHC surcharges
 within the base rate: BTHC surcharge for LCL will be $0.08 per cft and $0.16 per 100lbs.

 


        ===================== End of Rule Text =====================

Rule:  10 Sub-rule: 6                   Posting date: 09 February 2007
          Amend type: I               Effective date: 19 March 2007 

 Name: SURCHARGES AND ARBITRARIES: REEFER ELECTRICITY SURCHARGE (RES)

 The Corporation of Hamilton will initiate a surcharge for providing electricity 
 to refrigerated containers at the Hamilton Terminal, which will be collected by
 the Shipping Lines. 

 Bermuda International Shipping Ltd will collect the Reefer Electricity Surcharge
 of $26.00 per refrigerated container.  

 
	
        ===================== End of Rule Text =====================


  Rule:  11  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: MINIMUM QUANTITY RATES
                                   RULE TEXT

          When two or more freight rates are named for carriage of
          goods of the same description over the same route and under
          similar conditions and the application is dependent upon the
          quantity of the goods shipped, the total freight charges
          assessed against the shipment shall not exceed the total
          charges computed for a larger quantity.

          Provided, however, that the rate noted alongside a qualifi-
          cation specifying a required minimum quantity either weight
          or measurement per container or in containers will be appli-
          cable to the contents of the container(s) provided the
          minimum set forth is met or exceeded.  At the shipper's
          option a quantity less than the minimum level may be
          freighted at the lower rate provided the weight or measure-
          ment declared for rating purposes is increased to the
          minimum level.
          ===================== End of Rule Text =====================
    
  Rule:  12  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: AD VALOREM RATES
                                   RULE TEXT

          ARTICLES OF EXTRAORDINARY VALUE

          The Carrier will not assume any liability for: documents,
          currency, money, jewelery, watches, precious stones, or
          articles of extraordinary value including accounts, bills,
          deeds, evidence of debt, securities, notes, postage stamps,
          stamp collections, revenue stamps, letters or packets of
          letters, articles of peculiarly inherent value, precious
          metals or articles manufactured therefrom, which are not
          specifically listed on the Bill of Lading.

          The liability of the Carrier as to the value of shipment
          at the rate herein provided shall be determined in accord-
          ance with the clauses of the Carrier's regular Bill of
          Lading form.  If the shipper desires to be covered for a
          valuation in excess of that allowed by the Carrier's
          regular Bill of Lading form, the shipper must so stipulate
          in Carrier's Bill of Lading covering such shipments and
          such additional liability will be assumed to be Carrier's
          only where the shipper has made such a request and has
          paid an additional charge in accordance with Ad Valorem
          rates on the total declared valuation, in addition to the
          stipulated rate on the commodities shipped as specified
          herein.

          A shipper who has elected to show value of the goods on
          the Bill of Lading shall be deemed to have desired to be
          covered for the value excess of that allowed by the
          Carrier's regular Bill of Lading form, and must be assessed
          the abovementioned additional charge.

          In respect to all other cargo, where the shipper desires
          to be covered for a valuation in excess of the Carrier's
          liability and/or elects to show value of the goods of the
          Bills of Lading, Ad Valorem charge shall be assessed at
          5% of the total declared valuation in addition to the
          regular tariff rates.
          ===================== End of Rule Text =====================
    
  Rule:  13  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: TRANSSHIPMENT
                                   RULE TEXT
                               NOT APPLICABLE
          ===================== End of Rule Text =====================
  
  Rule:  14  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: CO-LOADING IN FOREIGN COMMERCE
                                   RULE TEXT
                               NOT APPLICABLE
          ===================== End of Rule Text =====================
  
  Rule:  15  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name:     RESERVED
                                   RULE TEXT
                                 NOT APPLICABLE
          ===================== End of Rule Text =====================
  
  Rule:  16  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: HAZARDOUS CARGO
                                   RULE TEXT

          1.  Dynamite, other Explosives, Radioactive and Objection-
               able Cargo cannot be accepted for shipment.

          2.  Shippers, and/or their agents, of Hazardous Articles
               shall inform the Carrier of the true character of such
               cargo as provided herein.  At Carrier's option, but
               subject to local ordinances and/or fire regulations,
               the following data must be submitted prior to, or at
               time of delivery of cargo at Carrier's terminal or
               facility.

          3.  U.S. Department of Transportation Regulations (Sub-
                Part C of Title 49 Code of Federal Regulations Part
                172), requires that all shippers provide the following
                data for all modes of transportation:

              (i)      Proper Shipping Name;
              (ii)     Classification;
              (iii)    Total quantity by weight, volume or as other-
                        wise appropriate;
              (iv)     DOT exemption number (when appropriate);
              (v)      Indication that materials are being shipped
                         in "limited quantities" (when appropriate);
              (vi)     Certification.

              DOT Regulations further provide that the following
              additional data must be provided for transportation
              by water (Sec. 172.203):

              (i)      Identification of type of packing (e.g.,
                        Drums, Cylinders, Barrels, etc.);
              (ii)     The number of pieces of each type of packing;
              (iii)    The gross weight of each type of packing, or
                        the individual gross weight of each package;
              (iv)     For export shipment, any N.O.S. proper ship-
                        ping name must be followed by technical name
                        of material in parenthesis.

          4.  In addition to the data set forth in (3) above, when
                required by the country of destination of the materials,
                or the country or countries through which the materials
                may transit enroute to destination, the shipper shall
                provide the Carrier with the following data:

              (i)     IMO Class Number;
              (ii)    UN Number;
              (iii)   Flashpoint/or Flashpoint Range.

          5.  In addition to the data set forth in (3) and (4) above,
               the shipper may provide the following data to the
               Carrier on an optional basis:

              (i)     U.S. - AAR Hazardous Materials STCC Number;
              (ii)    UN-SITC Number;
              (iii)   B.T.N. Number.

          6.  In addition to the foregoing, shippers shall provide the
              Carrier with additional data for the transport of
              Dangerous/Hazardous Materials as may be required pur-
              suant to all applicable governmental regulations, laws,
              treaties and conventions.

          7.  Shippers shall be required to pack, label, placard,
               mark and otherwise properly declare their shipments in
               accordance with applicable governmental regulations,
               laws, treaties and conventions, prior to delivery of
               materials to Carrier's terminal or facility.

          8.  Shippers shall provide the above data to the Carrier
               by the following means:

                Telex, Teletype, Telegram, Mailgram, Dataphone,
                Computer-to-Computer Transmission, or other
                Electronic, Optical, Microfilm/Microfiche or other
                acceptable communications or data processing device,
                except verbal advices by telephone.

          9.  Notwithstanding the shipper's option provided in (8),
               the shippers shall provide the Carrier with written
               confirmation of the data supplied prior to sailing of
               the vessel.  Written confirmation may be in the form
               of a letter, certified copy of the telex, certified
               packing list, certified copy of the Bill of Lading,
               or other document, duly certified and sworn to as
               complete and correct by the shipper, as may be accept-
               able to the Carrier.

          10. In addition to the requirements set forth above, all
               shipments of Dangerous/Hazardous Materials shall pro-
               vide the Carrier, prior to sailing of the vessel, with
               the following signed statement:

              CERTIFICATION:
              "This is to certify that the above-named materials are
               properly classified, described, packaged, marked and
               labeled and are in proper condition for transportation
               according to the applicable regulations of the United
               States Department of Transportation."

                        Certified on Behalf of the Shipper by:

          Date: _______________________________________
                  (Signature of Authorized Representative of Shipper)
  

          CERTIFICATION (When Required-See Rule 016(4))

          "It is certified that the packaging(s) used is(are) of
           an approved type and the goods are packed in accordance
           with the provisions of the IMO International Maritime
           Dangerous Goods Code, including Annex I, so as to adequately
           withstand the ordinary risks of handling and carriage by
           sea, and that the package(s) is(are) labeled or stenciled
           to indicate the identify of the goods and the nature of
           the danger, the foregoing in accordance with the require-
           ments of the said Code and the International Convention
           for the Safety of Life at Sea, 1960."

                           Certified on Behalf of the Shipper by:

          Date__________________________________________
                     (Signature of Authorized Representative of Shipper)
  
          IMO CLASS UN NO. ..... International Material Dangerous
                                   Goods Code (Published by Inter-
                                   governmental Consulate Organization
                                   - 101 - 194 Picadilly, London, WI, England)

          DOT CFR 46/49 ........ Department of Transportation - Code
                                   of Federal Regulations,
                                   Title 46/49 - (Copies may be
                                   obtained from the U.S. Government
                                   Book Store in many major cities.)

          US-AAR HAZARDOUS
          MATERIALS STCC NO......United States, Association of
                                   American Railroads Standard Trans-
                                   portation Commodity Code Number
                                   (New York City Office,
                                   2 Pennsylvania Plaza, New York,
                                   New York 10001).
          UN-SITC NO. ...........United Nations, Standard Inter-
                                   national Trade Classification,
                                   Revised (Available from the
                                   U.N. Book Store, U.N. Headquarters,
                                   American Railroads Standard Trans-
                                   portation Commodity Code Number
                                   (New York City Office,
                                   2 Pennsylvania Plaza, New York,
                                   New York 10001).
          UN-SITC NO. ...........United Nations, Standard Inter-
                                   national Trade Classification,
                                   Revised (Available from the
                                   U.N. Book Store, U.N. Headquarters,
                                   New York City).
          ===================== End of Rule Text =====================
    
  Rule:  17  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: GREEN SALTED HIDES IN FOREIGN COMMERCE
                                   RULE TEXT
                               NOT APPLICABLE
          ===================== End of Rule Text =====================
  
  Rule:  18  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: RETURNED CARGO IN FOREIGN COMMERCE
                                   RULE TEXT
                                NOT APPLICABLE
          ===================== End of Rule Text =====================
  
  Rule:  19  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: SHIPPERS REQUESTS IN FOREIGN COMMERCE
                                   RULE TEXT

          Any shipper situated in the United States may transmit his
          requests and complaints as hereinafter defined to the
          Carrier or to any agent acting for him in the port of
          loading, or the Carrier's agents in the United States.

          As used in this document, the phrase "requests and
          complaints" means any communication requesting a change
          in tariff rates, rules or regulations; erroneous billings
          due to an incorrect commodity classification, incorrect
          weight or measurement of cargo, or other implementation
          of the tariff.  Routine requests for rate information,
          sailing schedules, space availability and the like are not
          included in the foregoing.
          ===================== End of Rule Text =====================
    
  Rule:  20  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: OVERCHARGE CLAIMS
                                   RULE TEXT

          A.  Claims for adjustments of freight charges, if based on
              alleged errors in weight or measurement, will not be
              considered unless presented to the carrier in writing.
              Any expenses incurred by the Carrier in connection with
              its investigation of the claim shall be borne by the
              party responsible for the error, or, if no error is
              found, by the claimant.

              For the purpose of uniformity in handling claims for
              excess measurements refund will only be made as
              follows:

                1.  Where an error has been made by the dock in
                      calculation of measurements.
                2.  Against remeasurement at place of loading.
                3.  Against remeasurement by Carrier's Agent at
                     destination.
                4.  By joint remeasurement by Carrier's Agent and
                     Consignee.
                5.  By remeasurement of a Marine Surveyor as requested
                     by Carrier's Agent.
                6.  Remeasurement fees and expenses in all cases to
                     be paid by the party at fault.

          B.  Claims for Freight Rate Adjustment:

                1.  Claims for freight rate adjustments will be
                     acknowledged by the Carrier within 20 days of
                     receipt by written notice to the claimant of
                     all governing Tariff provisions and claimants
                     rights under the Shipping Act of 1984.
                2.  Claims seeking the refund of freight overcharges
                     may be filed in the form of a complaint with the
                     Federal Maritime Commission, Washington, DC 20573,
                     pursuant to the Shipping Act of 1984.  Such
                     claims must be filed within three years of the
                     date the vessel sails or the date the disputed
                     charges are paid, whichever is later.
          ===================== End of Rule Text =====================
      
  Rule:  21  Sub-rule:                    Posting date: 14Mar1996
           Amend type: AC              Effective date: 13Apr1996 

  Name: USE OF CARRIER EQUIPMENT
                                   RULE TEXT

           A.  Free time for shippers taking delivery of Carrier's
                empty containers prior to redelivery to Carrier's
                terminal for shipment shall be ten (10) working
                days for dry containers and five (5) working days
                for temperature controlled containers.

           B.  Free time at Carrier's terminal after discharge from
                the vessel, pickup of the full container and redelivery
                of the empty containers to Carrier's terminal shall
                be ten (10) working days for dry containers and five
                (5) working days for temperature controlled containers 
				 and flatbed trailers. 

           C.  The following surcharges shall apply for the use of
                Carrier's specialized equipment.

					Open Top Containers per TEU	 -   $250.00
                 			Flat Racks per TEU  		 -   $75.00
				 	 Straps per TEU			 -   $100.00
					Straps per Flatbed		 -   $150.00
					Tarp per Open Top TEU		 -   $75.00
					Tarp per Flatrack TEU 		 -   $125.00
	

           NOTE 1:  The charge per day, after expiration of the free
                    period, shall be $15.00 for dry container 

           NOTE 2:  The charge per day, after expiration of the free
                    period, shall be $20.00 for chassis, flatrack,
                    open-top container or tank container.

           NOTE 3:  The charge per day, after expiration of the free
                    period, shall be $40.00 for temperature controlled
                    container.
 
		      NOTE 4:  The charge per day, after expiration of the free
					period, shall bee $30.00 for Flatbed trailers 
           
           NOTE 5:  For combination units consisting of chassis plus
                    dry container, flatrack, open-top container,
                    tank container or temperature controlled
                    container, the Demurrage shall be computed by
                    combining the individual charges as per NOTES 1,
                    2 and 3.
          ===================== End of Rule Text =====================
  
  Rule:  22  Sub-rule:                    Posting date: 20 April 2001
           Amend type: I               Effective date: 21 May 2001 

  Name:    ADVANCE CHARGES/ SHIPPERS DISBURSEMENTS ON COLLECT SHIPMENTS 
                                  RULE TEXT
		   Shippers and / or forwarders may add their own charges to the
		   bill of lading for collection from the Consignees. These 
		  charges may not include the cost of the merchandise and may 
		   not exceed the ocean freight. The carrier undertakes to
		   collect these charges but assumes no responsibility if the
		   consignee refuses payment. Re-imbursement of these charges
		   will not be made to the shipper of forwarder until the 
		   consignee has paid these charges plus a collection fee equal 
		   to 10% of the charges to be collected.

                                                        
          ===================== End of Rule Text =====================
    
  Rule:  23  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: CARRIER TERMINAL RULES AND CHARGES
                                   RULE TEXT
          Terminal Rules and Charges are found in subrules hereto.
          ===================== End of Rule Text =====================
    
  Rule:  24  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: NVOCCs IN FOREIGN COMMERCE:  BONDS AND AGENTS
                                   RULE TEXT
                                NOT APPLICABLE
          ===================== End of Rule Text =====================
    
  Rule:  25  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: CERTIFICATION OF SHIPPER STATUS IN FOREIGN COMMERCE
                                   RULE TEXT

          If the shipper or a member of a shipper's association
          tendering the cargo is identified as an NVOCC, the carrier
          shall obtain documentation that the NVOCC has a tariff and
          a bond as required by Sections 8 and 23 of the Shipping
          Act 1984 before the Carrier accepts or transports cargo
          for the account of the NVOCC. A copy of the tariff rule
          published by the NVOCC and in effect under CFR 514.15 (b)
          (25) will be accepted by the Carrier as documenting the
          NVOCC's compliance with the tariff and bonding requirements
          of the Act.
          ===================== End of Rule Text =====================
      
  Rule:  26  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: TIME/VOLUME RATES IN FOREIGN COMMERCE
                                   RULE TEXT
                              NOT APPLICABLE
          ===================== End of Rule Text =====================
    
  Rule:  27  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: LOYALTY CONTRACTS IN FOREIGN COMMERCE
                                   RULE TEXT
                               NOT APPLICABLE
          ===================== End of Rule Text =====================
    
  Rule:  28  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: DEFINITIONS
                                   RULE TEXT

          Explanation of definitions as used throughout this tariff,
            AW .....................All Water
            BAF ....................Bunker Adjustment Factor
            CAF ....................Currency Adjustment Factor
            COFC .................Container on Flat Car
            DDC ...................Destination Delivery Charge
            F ........................ Fahrenheit
            FCL ....................Full Container Load
            FI ....................... Free In to Vessel
            FIO .....................Free In and Out to Vessel
            FIO ST ...............Free In and Out, Stowed and Trimmed
            FO ......................Free Out to Vessel
            I.D. .....................Inside Diameter
            K.D. ....................Knocked Down
            Min .....................Minimum
            MLB ...................Mini-Landbridge
            N.O.S. .................Not Otherwise Specified
            NVOCC ..............Non Vessel Operating Common Carrier
            O.D. ....................Outside Diameter
            R/T ......................Revenue Ton
            SOC .....................Shipper Owned Container
            SOTC ...................Shipper Owned Tank Container
            SU ....................... Set Up
            THC .....................Terminal Handling Charge
            TLI ...................... Tariff Line Item
            TOFC ...................Trailer on Flat Car
            Viz. .......................Namely
            VOCC ...................Vessel Operating Common Carrier

          CARGO, N.O.S. - means articles not otherwise specified
            in individual commodity items of this tariff

          CAUTION - means articles which may be subject to Rule No. 16

          CO-LOADING - means the combining of cargo, in the import or
            export foreign commerce of the U.S. by two or more NVOCC's
            for tendering to an ocean carrier under the name of one
            or more of the NVOCC's.

          DRY CARGO - means cargo other than that requiring
            temperature control.

          EXPLOSIVE CARGO - means cargo falling within Class A, B
            and C explosives as defined in Rule 16.


          LABEL CARGO - means cargo requiring White, Yellow, Red,
            Red Gas, Green Gas, Poison Gas and Tear Gas labels as
            shown.  See Rule No. 16

          MIXED SHIPMENT - means a shipment consisting of articles
            described in and rated under two or more rate items
            of this Tariff.

          NON-HAZARDOUS - means non-label cargo which is permitted
            stowage between decks or under deck (other than
            Magazine) under C.F.R. Title 46 - shipping, as
            amended from time to time, and such cargo will be
            rated in accordance with the rates applicable therefor
            as provided in the tariff item.

          ONE COMMODITY - means any or all the articles described
            in any one rate item in this Tariff.

          REVENUE TON - means 1,000 kilos or 1 cubic metre as
            freight charges are assessed.

          SHIPMENT - means a quantity of goods, tendered by one
            consignor on one Bill of Lading at one port/point
            of origin at one time in one or more containers
            for one consignee at one port/point of destination.

          STUFFING, UNSTUFFING - means the physical placing of
            cargo into or the physical removal of cargo from
            containers.

          WORKING DAY - means each calendar day, excepting
            Saturday, Sundays and Holidays, between 8:00 A.M.
            and 5:00 P.M.
          ===================== End of Rule Text =====================
      
  Rule:  29  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: SYMBOLS
                                   RULE TEXT
          Explanation of Symbols as Used Throughout this Tariff:

          AMENDMENT TYPE
          ----------------------------
          A    Increase (in foreign commerce and across-the-board
                 increase in domestic commerce)

          C    Change resulting in neither increase or decrease
                 in rates or charges

          E    Expiration (Also use "A" in foreign commerce and
                  "X" in domestic commerce in the application of
                  a higher "Cargo, NOS" or similar rate)

          G    General rate increase or decrease (Domestic Commerce)

          I    New or initial matter

          K    Rate or change filed by a controlled common
                 carrier member of a conference under independent
                 action (Foreign Commerce)
  
          M    Transportation of U.S. Department of Defense cargo
                 by American - flag common carriers under terms
                 and conditions negotiated and approved by the
                 Military Sealift Command (MSC), (Foreign Commerce)

          P    Extension of service to additional port(s) at rates
                 already in effect for similar services at the
                 port(s) being added; or the carrier's establishment
                 additional terminal facilities at the port(s)
                 already served, at the same rates as those
                 currently applicable to comparable facilities of
                 the carrier at the same port (Domestic Commerce)

                 Addition of a port or point (Foreign Commerce)

          R    Reduction (Not a General Rate Decrease in Domestic
                 Commerce)

          S    Special Case matter filed pursuant to Special
                 Permission, Special Docket or other Commission
                 direction, including a correction amendment to,
                 or resubmission (after notice of intent to reject)
                 of, Essential Terms; filing of material to put
                 tariff in order after rejection or overturning
                 a rejection; or, filing of tariff data after
                 suspension, such as for domestic carriers and
                 controlled carriers, Requires "Special Case Number"

          T    Terminal rates, charges or provisions or canal
                 tolls over which the carrier has no control.

          W    Withdrawal of an erroneous filing on the same
                 filing date.

          X    Exemptions:
                 1.  Controlled carrier data in U.S./bilateral
                     trades or in trades served exclusively by
                     controlled carrier; or,

                 2.  Increase in domestic commerce.  Not a
                     General Rate Increase or across-the-board increase.

          CONTAINER SIZE
          ------------------------
            LTL  Less Than Load           45   45FT 8'6"
            20   20FT                     45A  45FT 9'0" High Cube
            24   24FT                     45B  45FT 9'6" High Cube
            35   35FT                     45S  45FT 8'0"
            40   40FT 8'6"                45X  45FT Any Height
            40A  40FT 9'0" High Cube      48   48FT
            40B  40FT 9'6" High Cube      53   53FT
            40S  40FT 8'0"                N/A  Not Applicable
            40X  40FT Any Height
            42   42FT
            43   43FT



          CONTAINER TEMPERATURE
          ---------------------------------------
            AC   Artificial Atmosphere Control
            CLD  Chilled
            FRZ  Frozen
            HTD  Heated
            N/A  Not Applicable/Not Operating
            RE   Refrigerated
           VEN  Ventilated

          CONTAINER TYPE
          -------------------------
            AC   Atmosphere Control
            DF   Drop Frame
            FB   Flat Bed
            FR   Flat Rack
            GC   Garment Container
            HH   Half-Height
            IN   Insulated
            N/A  Non-Containerized Cargo/Not Applicable
            OT   Open Top
            PC   Dry
            PL   Platform
            RE   Reefer
            TC   Tank
            TL   Top Load
            TR   Trailer
            VR   Vehicle Rack

          CURRENCY
          ----------------
            USD  US Dollar

          HAZARD CODE
          ---------------------
            A  IMO Stow Category A
            B  IMO Stow Category B
            C  IMO Stow Category C
            D  IMO Stow Category D
            E  IMO Stow Category E
            HAZ  Hazardous
            NHZ  Non-Hazardous
            N/A  Not Applicable

          LENGTH, WIDTH, HEIGHT UNITS
          ---------------------------
            FT   Feet
            M    Meters
  
          LOCATION TYPES
          -------------------------
            C      Country
            G      Group
            P      Port
            S      State
            Y      City


          RATE BASIS
          -----------------
            W    Weight  (1,000 Kilos)
            M    Measure  (1 Cubic Meter)
            WM   Weight/Measure  (1,000 Kilos or 1 Cubic Meter,
                         whichever produces the greater revenue)
            LS   Lump Sum
            PC   Per Container
            AV   Ad Valorem
            EA   Each (as defined)
            MBF  1000 Board Feet

          SHIPMENT SERVICE
          ----------------------------
            B    Barge
            D    Door
            H    House
            M    Motor
            O    Ocean Port
            P    Pier
            R    Rail Yard
            S    Container Station
            T    Terminal
            U    Rail Siding
            X    Team Tracks
            Y    Container Yard

          VOLUME UNITS
          ----------------------
            CFT  Cubic Feet
            CBM  Cubic Meter

          WEIGHT UNITS
          ---------------------
            KGS  Kilograms
            CFT  Cubic Feet
            CBM  Cubic Meter

          WEIGHT UNITS
          ----------------------
            KGS  Kilograms
            KT   Kiloton
            LBS  Pounds
            ST   Short Tons (2000 LBS)
            LT   Long Tons (2240 LBS)
          ===================== End of Rule Text =====================
     
 
  Rule:  30  Sub-rule:                    Posting date: 19 Oct 2005
           Amend type: I               Effective date: 19 Nov 2005 

  Name: ACCESS TO TARIFF INFORMATION
                                   RULE TEXT

          A)  Tariff rates are available at www.sbrates.com and are updated weekly. 

	
          B)  Tariff Subscription Fee, includes corrections,supplements, 
			  amendments and/or reissues, is per year or part thereof.

              Remittance must accompany all requests for initial copy
              of tariff.  Payment of subscription renewal is due each
              January 1 for the ensuing calendar year.  Copies may be
              obtained from:  
                          BERMUDA INTERNATIONAL SHIPPING, LTD.
                              C/O VOIGT MARITIME INC.
                              11 Broadway, Suite 1730 
                              NEW YORK, NEW YORK 10004
                              FAX:  212-635-9584


              NOTE:  U.S. SUBSCRIPTION:    $1350.00
                     FOREIGN SUBSCRIPTION: $1850.00



          ===================== End of Rule Text =====================
  
  Rule:  31  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name:   RESERVED
                                   RULE TEXT
                                 NOT APPLICABLE
          ===================== End of Rule Text =====================
 
  Rule:  32  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: RESERVED
                                   RULE TEXT
                            NOT APPLICABLE
          ===================== End of Rule Text =====================
    
 
  Rule:  33  Sub-rule:                    Posting date: 17Nov1994
           Amend type: CR              Effective date: 17Nov1994 

  Name: PROJECT RATES
                                   RULE TEXT

          A project commodity description for project rates shall
          include materials and equipment to be employed in the
          construction or development of a named facility used
          for a major governmental charitable, manufacturing,
          resource exploitation, public utility or public
          service purpose, and also includes disaster relief
          projects.  No materials or equipment covered under a
          project rate shall be transported for the purpose of
          resale or other commercial distribution.
  
          The following clause shall appear on Bills of Lading
          pertaining to project rates:

          "All materials included in this Bill of Lading are of a
           wholly proprietary nature and shall not be resold or
           otherwise commercially distributed at destination."
          ===================== End of Rule Text =====================
  
  Rule:  33  Sub-rule:   A                Posting date: 30Apr1997
           Amend type: C               Effective date: 30Apr1997 

  Name: PROJECT RATES - SPECIFIC PROJECT NAMES
                                   RULE TEXT

          Shown below are specific project rates as filed in this
          tariff.

                                                    ITEM NO.

           NASA SPACE STATION, VIZ:
             Equipment, Material & Supplies       9830.30.3000

           U.S. NAVAL AIR STATION, VIZ:
             Equipment, Material & Supplies       9800.31.0100
             Cement, in Bags on Pallets           9800.31.0200
             Structural Steel                     9800.31.0300
             Bar Joists                           9800.31.0400
             Insulation Material                  9800.31.0500
             Rolling Stock                        9800.31.0600
             Returned Equipment & Material        9800.31.0700

           BERMUDA UNDERWATER EXPLORATION
             INSTITUTE PROJECT:
               Exhibits, Marine & Oceanographic
               Structural Steel                   9800.31.0300
               Bar Joists                         9800.31.0400
               Insulation Material                9800.31.0500
               Rolling Stock                      9800.31.0600
               Returned Equipment & Material      9800.31.0700

           BERMUDA UNDERWATER EXPLORATION
             INSTITUTE PROJECT:
               Exhibits, Marine & Oceanographic
                 & Display Material, NOS          9800.10.1000
          ===================== End of Rule Text =====================
  
  Rule:  34  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name:     RESERVED
                                   RULE TEXT
                                 NOT APPLICABLE
          ===================== End of Rule Text =====================
    
 
  Rule: 35  Sub-rule:                    Posting date: 13Oct1994
           Amend type: I               Effective date: 15Nov1994 

  Name: FREE TIME AND DEMURRAGE CHARGES ON IMPORT CARGO
                                   RULE TEXT


		1) Free Time and Demurrage Charges at the Port of Salem, NJ

              a) Free time: Five days (exclusive of Saturdays, Sundays
                 and legal holidays), computed from the start of
                 business on the first day after complete discharge
                 of the vessel.

			  b) Free time on import property at Salem, NJ shall not
                 be less than five days, except on property of such
                 a special nature as to require earlier removal
                 because of local ordinances or other governmental
                 regulations, or because piers are not equipped to
                 care for such property for such period.

              c) Except as otherwise provided, where carrier is for
                 any reason, unable or refuses, to tender cargo for
                 delivery during free time, free time will be extended
                 for a period equal to the duration of the carrier's
                 disability or refusal.  If such condition arises
                 after the expiration of free time, first period
                 demurrage will be charged for a period equal to the
                 duration of the carrier's inability or refusal.

              d) Where consignee is prevented from removing its cargo
                 by factors beyond its control (such as, but not
                 limited to, longshoremen's strikes, trucking strikes
                 or weather conditions) which affect an entire port
                 area or a substantial portion thereof, and when
                 consignee is prevented from removing its cargo by
                 a longshoremen's strike which affects only one pier
                 or less than a substantial portion of the port area,
                 carrier shall (after expiration of free time) assess
                 demurrage against imports at the rate applicable to
                 the first demurrage period, for such time as the
                 inability to remove the cargo may continue.

              e) Demurrage charges will be assessed as per applicable
                 Salem Terminal Tariff.

              f) Following a longshoremen's strike of five (5) days or more:

                 1) Free time shall be extended for a period not less
                    than five (5) days (exclusive of Saturdays,
                    Sundays and legal holidays) beyond the time at
                    which it would normally terminate, for cargo
                    which was in a free time period at the commence-
                    ment of the longshoremen's strike.

                 2) First period demurrage shall be extended for a
                    period not less than five (5) calendar days beyond
                    the time at which it would normally terminate,
                    for cargo which was subject to first period
                    demurrage at the commencement of the longshore-
                    men's strike.

              g) The extensions set forth in paragraphs (f)(1) and
                 (f)(2) of this section, shall apply only: (1) If
                 the cargo is actually picked up within such extended
                 time or (2) if, pursuant to an appointment system
                 adopted by both carrier and consignees, cargo is
                 picked up within twenty-four (24) hours of advance
                 notification that cargo is available for pickup and
                 readily accessible, in which latter event, time shall
                 adopted by both carrier and consignees, cargo is
                 picked up within twenty-four (24) hours of advance
                 notification that cargo is available for pickup and
                 readily accessible, in which latter event, time shall
                 not be extended more than twenty-four (24) hours
                 beyond the additional free time or demurrage period.

              h) All rail car demurrage is for the account of cargo
                 unless it is accumulated due to Carrier's or agent's
                 convenience.
          ===================== End of Rule Text =====================