Effective:   July 23rd, 2008

D) At NEW YORK

 1. Cargo Free time:

 Dry Equipment: Five (5) calendar days commencing from the first midnight after the cargo has been received by the Carrier.

  2. DEMURRAGE CHARGES AT ORIGIN (per container / per day):

                     Dry Equipment:  First    Five to   Ten or

                                                 Five     Nine      more

                                                Days     Days      Days

                                20' std:        $98 $172           $145 $220         $295 $376

                     40' -45 std/HC:     $98 $172           $145 $220         $295 $376