IADA PRESS NOTICE
INTRA-ASIA DISCUSSION AGREEMENT
(IADA)
Implementation of Reefer Japan THC

Member Lines serving within IADA have conducted thorough review of reefer container handling charges they have incurred at Japanese ports with the aim of implementing eReefer Japan THCf guideline.

Accordingly, it is IADAfs recommendation to apply Reefer Japan THC (both import and export) at the following levels, based on the justifiable cost survey, with effect from 1st August, 2010:-

JPY.34,000/TEU
JPY.48,000/FEU

IADA also recommended to provide current and two following months advance notice period prior to implementation so as not to unduly impair usersf interests as a result of the THC implementation.

As a discussion agreement, it should be clearly noted that the recommendation is posed to individual IADA Members, on a voluntary, non-binding basis. Any IADA Members are free to voluntarily follow the recommendation on an individual basis or take independent actions not only in terms of quantum but also effective dates through individual negotiations between customers and Members.

Please do not hesitate to contact us or Member Lines of the Agreement who are always happy to respond to any queries you may wish to have on this subject.

21st May, 2010. Secretaries

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