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Voyage Surcharges for U.S. Trading Tankers: 2010 Policy Year

Date: 01.18.10

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JANUARY 18, 2010

VOYAGE SURCHARGES FOR U.S. TRADING TANKERS: 2010 POLICY YEAR

Further to the issuance of Circular 02/10 of January 15, 2010, Members are asked to note that, as a result of an internal International Group recalculation of relevant figures, the annual rates for tankers of 1,000 GT or less (section ii of the relevant table refers) have been changed very slightly so as to be $1,560 per annum for non-SBT vessels and $1,300 per annum for SBT vessels.

A change in accordance with the foregoing is being made to be permanent record of the Circular on the Club’s website.

Your Managers apologize for any inconvenience this may have caused.

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