Notice to the trade
ISAA recommend RR, effective 29th March, 2018
Reference is made to our previous announcement dated 8th March, 2018.
In light of the latest review of the prevailing market, it is ISAAfs recommendation to implement RR as follows :-
Effective : 29th March, 2018
RR : USD.150/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.