News
Informal Rage Agreement (IRA) and Informal Red Sea Agreement lines, which cover trades from the Far East to the Middle East and Red Sea have announced they will accelerate their proposed rate restorations by one month to June 1, 2013. The target rate restoration amount remains unchanged at US$250 per TEU.
The IRA and IRSA embers are free to voluntarily follow this recommendation on an individual basis or take independent actions.
