GCTL8.com (FocusAsia Media Ltd)

HONG KONG, Mar 3 (FAM) – Shipping lines serving the trades from the Far East to Southeast Asia, South Asia, Middle East and Red Sea ports are set to implement rate restorations in March and April as follows;

・Informal Rate Agreement (IRA)
(To/From ports the Far East, Southeast Asia and in the Middle East Gulf)
Effective 22nd March, 2017 : USD.100/TEU
Effective 1st April, 2017: USD.200/TEU
Effective 15th April, 2017: USD.200/TEU