Dear valued clients

As from 15th April 2011, many shipping lines servicing the N E Asia(China / Hk / Taiwan / Korea) to Australia trade lanes have announced a general rate increase.

The increase being advertised is:

USD$250/20'

USD$500/40'

Loch M Fraser will carefully monitor this advertised increase and will keep all clients informed of whether it comes into effect. Many rate increases of late have not been imposed due to economic factors so we can not be sure with this latest one.

Yours faithfully

Loch M Fraser Logistics Pty Ltd.