IRSA PRESS NOTICE
INFORMAL RED SEA AGREEMENT (IRSA)
Notice to the trade
IRSA recommend weekly RR’s in January 2018

In view of universal necessity to restore cost-sustainable rate levels, IRSA recommend weekly RR plans in January 2018 as follows:-

Effective 1st January, 2018
   RR of USD.300/TEU, USD.600/FEU
Effective 8th January, 2018
   RR of USD.300/TEU, USD.600/FEU
Effective 15th January, 2018
   RR of USD.300TEU, USD.600/FEU
Effective 22nd January, 2018
   RR of USD.300/TEU, USD.600/FEU
Effective 29th January, 2018
   RR of USD.300/TEU, USD.600/FEU

It is also recommended that the foregoing RR guideline shall be applicable to all market segments from Japan to Red Sea ports 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.

1st December, 2017


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