IRA PRESS NOTICE
INFORMAL RATE AGREEMENT
Notice to the trade

IRA recommend 8/April/2018 & 15/April/2018 RR’s

Further to our previous notice dated 22nd March, 2018 and taking into subsequent market development in mind, it is IRA’s fresh recommendation to target RR’s in two tiers as follows:-

1. Effective from : 8st April, 2018
          RR: USD.200/TEU

2. Effective from : 15th April, 2018
          RR: USD.200/TEU

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.

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

 Secretary. 

30th March, 2018.

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