News
The Intra-Asia Discussion Agreement (IADA) has recommended a rate restoration program for winter season to make up for the shortfall of the originally targeted revenue recovery as well as to set 2013 voluntary tender business contract guideline.
The ad-hoc rate restorations for winter season are as follows:
From: Japan
-To: Philippines: USD.100/teu, November 19, 2012
-To: Thailand: USD.50/teu, December 3, 2012
-To: Indonesia: USD.50/teu, December 3, 2012
To: Japan
-From: Malaysia: USD.50/teu, November 1, 2012
-From: Fujian: USD.50/teu, November 5, 2012
-From: S.China: USD.50/teu, November 5, 2012
-From: HK: USD.50/teu, November 5, 2012
-From: Indonesia: USD.50/teu, November 19, 2012
Tender contract guidelines for 2013: USD.250/teu, effective upon renewal of annual contracts.