News
Groups of shipping lines serving the trades between Asia to the Middle East and South Asia announced upward adjustment of their proposed rate increases slated for April.
For the Informal Rate Agreement （IRA）, the revised rate restoration will be $400 per TEU, effective April 1, 2012, from the previously announced $150 per TEU, effective April 15. For the Informal South Asia Agreement （ISAA）, the revised restoration will be $400 per TEU, from the previously announced $150 per TEU. The effective date of April 15 remains unchanged.
