Independent journal on economy and transport policy
19:38 GMT+2
SARA to implement rate restoration
(Sched Net)
April 4, 1998
SARA, the South Asia Rate Agreement, is implementing a rate restoration of US$100-per TEU with effect from June 1. The increase will be applied to all westbound cargoes - both CIF and FOB - from Hong Kong and mainland China except Guangdong, to areas of south Asia including India, Pakistan, Sri Lanka and Bangladesh.
The liners involved are APL, Maersk, ...... Read more on Sched Net
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