IRA implements rate restoration
THE Informal Rate Agreement is introducing a rate restoration
of US$100 per TEU on trade from Thailand, Malaysia and Indonesia
to West Asia, with effect from May 1.
The dozen carriers involved are APL, DSR-Senator, Maersk, Mitsui
OSK, Norasia, NYK, P&O Nedlloyd, Pacific International Lines,
Sea-Land, United Arab Shipping Co, Uniglory and Wilhelmsen
Read more on Sched Net