ISAA PRESS NOTICE
INFORMAL SOUTH ASIA AGREEMENT
(ISAA)
Notice to the trade
ISAA recommend RRfs,
In March 2018 and April 2018

Noting that cargo volume will resume back to normal post China New Year levels within March and demand will continue to gain strength up to mid-May with approach to Ramadan, it is ISAAfs recommendation to implement RRfs as follows:-

1. Within March 2018 RR of USD.250/TEU
2. Within April 2018 RR of USD.300/TEU

It is also recommended the actual implementation date of the recommended RR will be any dates within the respective months which will depend upon individual Membersf discretion and subject to negotiation with the customers.

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.@

6th February, 2018.

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