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2013 May 8   16:33

COSCO announces Currency Adjustment Factor for Europe & Mediterranean trade

COSCO Container Lines announces Currency Adjustment Factor (CAF) for both East and West Bound shipments in Far East (includes Japan) & Indian sub-continent to North West Europe & Mediterranean trade and effective from June 1, 2013, said in the company's press release.

The Currency Adjustment Factor (CAF) will be 10.05% of ocean freight.

Mediterranean includes Lebanon, Syria, Black Sea region, West Africa region and North Africa region, exclude Israel.

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