News
The Intra-Asia Discussion Agreement (IADA) has recommended its members to implement, on a non-biding basis, ad-hoc southbound / northbound business plans as below:
- Japan/Bangkok and Laem Chabang rate restoration of $100per TEU effective June 15, 2016.
- The implementation of the Vietnam Terminal Handling Charge (THC) of $82 per TEU and $2125 per FEY for Vietnam northbound shipments of rice, tapioca and rubber, effective June 1, 2016.
IADA 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.
