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New Maritime Agreement Filed

Thursday, July 21, 2016
Sandler, Travis & Rosenberg Trade Report

The Federal Maritime Commission has issued notice that the following new agreement has been filed. Interested parties may submit comments by Aug. 2.

The OCEAN Alliance Agreement (COSCO Container Lines Co., Ltd.; CMA CGM S.A.; Evergreen Marine Corporation (Taiwan) Ltd. acting on its own behalf and/or on behalf of other members of the Evergreen Line Joint Service Agreement (ELJSA); and Orient Overseas Container Line Limited and OOCL (Europe) Limited, acting as one party) – The agreement would authorize the parties to share vessels with one another, charter and exchange space on one another’s vessels, and enter into cooperative working arrangements in connection with the parties’ services and operations in the trades between Asia, Northern Europe, the Mediterranean, the Middle East, Canada, Central America, and the Caribbean, on the one hand, and the U.S., on the other hand.

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