23^rd April 2008

Circular Reference Number: OCS/230408/L015-CSA

Dear Customer,

ADDITIONAL NOTE: NEW BRAZILIAN CUSTOMS RULES: NEW BRAZILIAN CUSTOMS SYSTEM ¡V ¡§SISCOMEX CARGA¡¨ (SISCARGA)

Reference to our earlier circular (OCS/050208/L003-CSA) dated 5^th February 2008 on the same subject as quoted below, we would like to remind that Brazilian Customs has implemented a new system called Siscomex Carga (SISCARGA) with the aim to enhance control over all vessels and cargoes inbound, outbound and in transit through Brazil. Meanwhile, please kindly note the additional remarks relating to this new rule as attached (refer page 2).

As from March 31st, 2008 Siscomex Carga (SISCARGA) will require that Carriers provide in advance complete information regarding all cargoes TO BE:

• Loaded from Brazil to any foreign port;
• Discharged in Brazil for a final destination in Brazil;
• Discharged in Brazil for a final destination in Argentina, Paraguay or Uruguay;
• Transshipped in a Brazilian port for a final destination in other Brazilian port or facility;
• Transshipped in a Brazilian port for a final destination at another foreign port;
• In transit through Brazil, i.e. cargo loaded at a foreign port, to be discharged at another foreign port;
• All empty containers on board, in transit or to be discharged in Brazil.

In this sense, from now, despite the usual contents that must be included into any single bill of lading issued through B/L draft, some additional information will become mandatory to be transmitted to local Brazilian Customs by Carriers, which will require shipping instructions supplied by customers also contain:

1.1	-	Weight of the CARGO only (in kilograms ¡V KGS) including packaging such as pallets, boxes, etc., per container. . *Please note actual tare weight is NOT a "Must" to include in the B/L. But if customer request to show actual tare weight on B/L, we will accept and should input by Carrier.
1.2	-	Measurement of the CARGO only (in cubic meters ¡V M/3) including packaging such as pallets, boxes, etc., per container;
1.3	-	Description of CARGO (complete and specific, avoiding general terms such as ¡§General cargo¡¨, ¡§dry cargo¡¨, ¡§chemical¡¨, ¡§perishable items¡¨, etc.);
1.4	-	Consignee details (mandatory to inform valid CNPJ or CPF in Brazil, which is the Brazilian tax identification number);
1.5	-	Passport Number (mandatory for personal effects, household goods);
1.6	-	NCM (Harmonized System Code) ¡V per kind of commodity or group of commodity, per container <first 4 (four) digits>;
1.7	-	Seal number of container <up to 4 (four) seals>.
For Vehicles:
1.8	-	Chassis Number (VIN Number)
1.9	-	Marks & Numbers

Please kindly note additional remarks as below: -

• For all documentation of cargo shipped TO Brazil with Consignee ¡§To Order¡¨ the Carrier has to update the Siscomex Cargo (Siscarga) with the name of final cargo receiver, including complete address and CNPJ Number (which is the Brazilian tax identification number). It must be done at least 72 (seventy-two) working hours prior to vessel¡¦s arrival at the first port in Brazil. All documentation of cargo shipped to Brazil with Consignee ¡§To Order¡¨ is always subject to a special clearance analysis by Brazilian Customs, which may delay cargo release to Customers in Brazil.

• Corrections of documents for cargo shipped TO Brazil will need to be submitted within maximum 72 (seventy-two) working hours prior to vessel arrival (ETA) at the first port in Brazil. Therefore, any correction sent less than 72 (seventy-two) working hours prior to vessel¡¦s arrival at first port in Brazil will be delivered to Brazilian Customs only after vessel¡¦s departure, which may cause delays to Customer when initiating the import clearance process.

¡P Brazilian Customs will only accept Correction Letters up to maximum period of 30 (thirty) running days after vessel¡¦s arrival at Brazilian discharging port.

If customer fails to provide all the mandatory requirements mentioned above, the cargo may be withheld by Brazilian Customs and may face with penalties (from R$ 5000-, which is equal to approx. US$ 2900- subject to exchange rate variation at the time of penalty, and up to ten times the amount of the ocean freight plus surcharges manifested) plus any storage, demurrage and reefer cargo care. Please note that any non-compliance that costs such penalty will be account cargo.

We would therefore appreciate your immediate attention and co-operation for full compliance on the required procedures for Brazilian Customs formality to avoid any inconvenience. Please kindly do not hesitate in contacting your local NYK Sales or Customer Service representatives should you have any inquiry.

Thank you very much for your kind attention on this matter.

Yours sincerely,

NYK Line (H.K.) Ltd