ISAA PRESS NOTICE
INFORMAL SOUTH ASIA AGREEMENT
(ISAA)
Notice to the trade
ISAA recommend February 2018 RR

In view of need to restore sustainability of current freight rates in advance of Lunar New Year commencement, it is ISAAfs recommendation to implement voluntary, non-binding RR during February 2018 as follows:-

RR of USD.100/TEU

The actual application date of the recommended RR date will be any dates within February 2018 which will depend upon individual Membersf discretion.


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.@

25th January, 2018.

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