AWCSA PRESS NOTICE
ASIA-WEST COAST SOUTH AMERICA AGREEMENT
Voluntary 1st November, 2017 RR
And
Voluntary Tender Rate Guideline in 2018

Member Lines have made a thorough review on the current market and recognized that the present rates are unsustainable for them to maintain quality of services for customers. As such, they will have no alternative but to seek customersf understanding on their rate restoration program applicable to the trades from Japan to West Coast South America (WCSA), Mexico and West Coast Central America (WCCA), as follows:-

1st November, 2017 : USD.750/TEU and USD.1500/FEU

As a sustainable industry benchmark for 6-12 months contracts in 2018,
    it is AWCSAfs recommendation to indicate a rate guideline of USD.2600/FEU, subject to THC and local charges.

Member Lines will fully communicate with customers about their RR program mentioned above. However, the RR program is a voluntary and non-binding working remark for Members who are free to deviate from the remark by their own discretion.
25th September, 2017. Secretary.

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