São Paulo, April 02nd 2012
On behalf of our principals, COMPANHIA CHILENA DE NAVEGACION INTEROCEANICA S.A., we inform that our demurrage / detention costs will be adjusted as following:
CURRENT RATES
| Period (days) | 20´dry std | 40´dry std - high cube | Currency/day |
| 0 - 10 | FREE | FREE | USD |
| 11 - 20 | 30,00 | 60,00 | USD |
| 21 - threreof | 40,00 | 80,00 | USD |
| Period (days) | 20´ OT/FR | 40´ OT/FR | Currency/day |
| 0 - 10 | FREE | FREE | USD |
| 11 - 20 | 65,00 | 90,00 | USD |
| 21 - threreof | 85,00 | 120,00 | USD |
| Period (days) | 20´ reefer | 40´ reefer | Currency/day |
| 0 - 05 | FREE | FREE | USD |
| 6 - 15 | 150 | 150 | USD |
| 16 - thereof | 240,00 | 240,00 | USD |
| Period (days) | 20´ NOR | 40´ NOR | Currency/day |
| 0 - 05 | FREE | FRE | USD |
| 06 - thereof | 100,00 | 100,00 | USD |
Note: OT/FR - Open Top, Flat Rack
NEW RATES - will be applied to containers loaded as from December, 15st 2012.
| Period (days) | 20´dry std | 40´dry std - high cube | Currency/day |
| 0 - 10 | FREE | FREE | USD |
| 11 - 20 | 30,00 | 60,00 | USD |
| 21 - threreof | 45,00 | 85,00 | USD |
| Period (days) | 20´ OT/FR | 40´ OT/FR | Currency/day |
| 0 - 10 | FREE | FREE | USD |
| 11 - 20 | 65,00 | 90,00 | USD |
| 21 - threreof | 85,00 | 120,00 | USD |
| Period (days) | 20´ reefer | 40´ reefer | Currency/day |
| 0 - 04 | FREE | FREE | USD |
| 5 - 14 | 160 | 160 | USD |
| 15 - thereof | 250,00 | 250,00 | USD |
| Period (days) | 20´ NOR | 40´ NOR | Currency/day |
| 0 - 10 | FREE | FRE | USD |
| 11 - 20 | 60,00 | 60,00 | USD |
| 21 –threreof | 100,00 | 100,00 | USD |