ISAA PRESS NOTICE
INFORMAL SOUTH ASIA AGREEMENT
(ISAA)
Notice to the trade
ISAA recommend revised RR plans

Reference is made to our previous announcement dated 6th February, 2018 when ISAA recommended March 2018 and April 2018 RR guideline.

With the fresh review of the prevailing market in mind, it is ISAAfs revised recommendation to revise original March 2018 RR guidelines of USD.250/TEU as follows :-

RR of USD.100/TEU, effective 15th March, 2018

Implementation of shortfalls of USD.150/TEU to be decided and revert toward early part of the next week

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.@

8th March, 2018.

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