ISAA PRESS NOTICE
INFORMAL SOUTH ASIA AGREEMENT
(ISAA)
Notice to the trade
ISAA recommend RRfs in two tiers

In view of anticipated strong demand and given the prevailing unsustainable freight levels in the market, it is ISAAfs recommendation to implement Rate Restorations in two tiers as follows:-

1. Effective 17th December, 2017 RR of USD.200/TEU
2. Effective 24th December, 2017 RR of USD.200/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.@

17th November, 2017.

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