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New and Amended Maritime Agreements Filed

Wednesday, November 18, 2015
Sandler, Travis & Rosenberg Trade Report

The Federal Maritime Commission has issued notice that the following new or amended agreements have been filed. Interested parties may submit comments by Nov. 30.

ABC Discussion Agreement (Hamburg-Süd, King Ocean Services Limited, Seafreight Line, Ltd., and Seaboard Marine, Ltd.) – The amendment would add Crowley Caribbean Services LLC as a party to the agreement.

U.S. Pacific Coast-Oceania Agreement (ANL Singapore Pte Ltd./CMA CGM S.A.; Hamburg-Sud; and Hapag-Lloyd AG.) – The amendment would delete Mexico from the scope of the agreement, delete obsolete references to Maersk Line, correct the address of ANL, increase the maximum capacity of vessels that can be deployed in each string, adjust the allocation of slots on the PSW string, revise references to Australian law to reflect a change in the name of the relevant Australian statute, add a minimum level of service in Appendix A, and update Appendix C.

The Maritime Credit Agreement (Maersk Line A/S; China Shipping Container Lines Co. Ltd.; Cosco Container Lines Company Limited; Hanjin Shipping Co., Ltd.; Kawasaki Kisen Kaisha Ltd.; United Arab Shipping Company; Wallenius Wilhelmsen Logistics AS; and Zim Integrated Shipping Services, Ltd.) – The amendment deletes Independent Container Line Ltd. as a party to the agreement.

Southern Africa Agreement (Maersk Line A/S and MSC Mediterranean Shipping Company, S.A.) – The amendment would revise Article 5.1(b) to suspend operation of the additional vessel.

COSCON/CSCL Vessel Sharing and Slot Exchange Agreement (China Shipping Container Lines Co., Ltd. and China Shipping Container Lines (Hong Kong) Co. Ltd. (collectively CSCL); COSCO Container Lines Company, Limited) – The amendment adds Malaysia, Panama and the U.S. Gulf Coast to the geographic scope of the agreement.

Hyundai Glovis/Hoegh Transpacific Westbound Space Charter Agreement (Hoegh Autoliners AS and Hyundai Glovis Co. Ltd.) – The amendment adds Korea to the geographic scope of the agreement and makes the agreement a two-way buy/sell agreement rather than a one-way sale of space from Hyundai Glovis to Hoegh.

CMA CGM/COSCON Slot Exchange Agreement Indian Subcontinent-Middle East-Mediterranean Sea-North Europe and North West European Continent-US East Coast (CMA CGM S.A. and COSCO Container Lines Company, Limited.) – The agreement authorizes COSCON to charter space to CMA CGM in the trade between Belgium, Germany, the Netherlands and France, on the one hand, and the U.S. East Coast, on the other hand, and CMA CGM to charter space to COSCON in the trade between North Europe, the Mediterranean, the Middle East and the Indian Subcontinent.

CMA CGM/COSCON Slot Exchange Agreement Asia-U.S. West Coast (CMA CGM S.A. and COSCO Container Lines Company, Limited) – The agreement authorizes the parties to charter space to/from one another in the trade between China (including Hong Kong), Malaysia, Vietnam, South Korea and Canada, on the one hand, and the U.S. West Coast, on the other hand.

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