IRSA PRESS NOTICE
INFORMAL RED SEA AGREEMENT (IRSA)
Notice to the trade
IRSA recommend weekly RR’s in October 2017

Reference is made to our previous notice dated 25th July, 2017.

In view of universal necessity to restore cost-sustainable rate levels, IRSA recommend weekly RR plans in October 2017 as follows:-

Effective 6th October, 2017
   RR of USD.300/TEU, USD.600/FEU
Effective 13th October, 2017
   RR of USD.300/TEU, USD.600/FEU
Effective 20th October, 2017
   RR of USD.300TEU, USD.600/FEU
Effective 27th October, 20172017
   RR of USD.300/TEU, USD.600/FEU

The foregoing RR guideline recommendation will be applicable to all Far East (including Japan) to Red Sea market segments within IRSA scope.

As a discussion agreement, it should be clearly noted that the recommendation is posed to individual IRSA Members, on a voluntary, non-binding basis. Any IRSA 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.

4th September, 2017.


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