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Indiaexportnews.com

Canada Transpacific Stabilization Agreement reduces CAF

  05.08.2010    

Major transpacific shipping lines of the Canada Transpacific Stabilization Agreement (CTSA) has announced a reduction in its currency adjustment surcharge to five per cent since it dipped and rose one per cent from March to May this year, according to the Shipping Gazette. 
The member lines of CTSA - APL, COSCO Container Lines, Evergreen, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services - have agreed to the drop in surcharge effective September, 2010.


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