| Westbound |
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| For annual contract : |
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| ●RR of USD.500/TEU, Effective 1/Jan/2012 or upon renewal whichever earlier |
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| For other than annual contract: |
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| ●*RR of USD.250/TEU, Effective 1/April/2012 for contract and free-hand cargo |
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| ●*RR of USD.200/TEU, Effective 1/July/2012 for free-hand cargo |
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| ●*RR of USD.250/TEU, Effective 1/Oct/2012 for contract and free-hand cargo |
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| Eastbound |
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| For annual contract : |
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| RR of USD.100/TEU, effective 1/Jan/2012 or upon renewal whichever earlier |
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| For other than annual contract: |
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| ●RR of USD.50/TEU, effective 1/Jan/2012 |
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| ●RR of USD.50/TEU, effective 1/Apr/2012 |
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| ●RR of USD.50/TEU, effective 1/July/2012 |
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| ●RR of USD.50/TEU, effective 1/Oct/2012 |
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As a discussion agreement, it should be clearly noted that the recommendation is posed to individual IRA Members, on a voluntary, non-binding basis. Any IRA 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.
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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.
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