COSCO Container Lines would like to announce Currency Adjustment Factor (CAF) for both East and West Bound shipments (includes reefer cargo) in Far East (includes Japan) & Indian sub-continent to North West Europe & Mediterranean trade and effective from January 1, 2011.
The Currency Adjustment Factor (CAF) will be 12.67% of ocean freight.
Mediterranean includes Lebanon, Syria, Black Sea region, West Africa region and North Africa region, exclude Israel.
source:coscon