ISAA PRESS NOTICE
INFORMAL SOUTH ASIA AGREEMENT
(ISAA)
Notice to the trade
ISAA recommend to postpone effective date
by one week

Reference is made to the previous notice dated 19th October, 2017.

After careful review of the prevailing market, it is now recommended to postpone the originally target effective date 3rd December, 2017 by one week. The originally recommended voluntary, non-binding target guideline amount of USD.200/TEU will be adjusted downward as follows:-

Revised effective date : 10th December, 2017
Revised target amount: USD.100/TEU


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

BACK TO FRONT PAGE