By direction of the Superintendence of Industry and Commerce through Resolution 10 713 2002 "The rate of exchange applicable for the payment of import and export obligations, in the case that is decides in Colombia canceled the payment of international ocean freight rates in local currency will be determined unilaterally by each maritime agency respectively, meeting their own discretion and without entering into agreement with other competitors for that purpose. Therefore, there is no a single rate for governing international maritime transport sector. "
Consequently, the rate of payment applicable for the cancellation of maritime freight transporter to Cia. Transportadora S.A.is included Representative Market Rate on the date governing payment plus $ 20 (pesos col) per dollar.