IRA PRESS NOTICE
INFORMAL RATE AGREEMENT
Notice to the trade

IRA recommend to postpone RR effective dates
by one week

Reference is made to our previous notice dated 30th March, 2018. Taking into account the latest market feedback, it is IRA’s recommendation to postpone the 8th April, 2018 and 15th April, 2018 RR’s each by one week.

As such, revised recommendation now reads as follows:-

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

2. Effective from : 22nd 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. 

6th April, 2018.

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