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New and Amended Maritime Agreements Filed

Thursday, May 08, 2014
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 May 20.

The Maritime Credit Agreement – The amendment removes Hyundai Merchant Marine Co. Ltd. as a party to the agreement.

Maersk Line/CMA CGM Transatlantic Slot Exchange Agreement (A.P. Moeller-Maersk A/S, trading under the name of Maersk Line, and CMA CGM S.A.) – The amendment converts the agreement from a space charter agreement to a slot exchange agreement and makes changes necessary to reflect the bilateral nature of the exchange. The amendment also adds the U.S. Gulf Coast to and deletes Panama from the geographic scope of the agreement. Finally, the amendment adds an expiration date to the agreement.

Siem Car Carriers AS/Compania Sud Americana de Vapores S.A. Space Charter Agreement  – The agreement revises the name of Siem Car Carriers Pacific AS to Siem Car Carriers AS.

APL/HMM Temporary Slot Equipment Repositioning Agreement (American President Lines Ltd. and Hyundai Merchant Marine Co. Ltd.) – The agreement authorizes APL to charter space to HMM for the repositioning of empty containers on an “as needed/as available” basis in the trade between Southern California and Mexico.

APL/HMM/MOL USEC/Latin America Vessel Sharing Agreement (American President Lines Ltd., Hyundai Merchant Marine Co. Ltd. and Mitsui O.S.K. Lines Ltd.) – The agreement authorizes APL, HMM and MOL to operate a joint string between the U.S. East Coast, on the one hand, and Chile, Peru, Colombia and Panama, on the other hand.

MSC/CMA CGM North West European Continent - US East Coast Service Space Charter Agreement (MSC Mediterranean Shipping Company S.A. and CMA CGM S.A.) – The agreement would authorize MSC to charter space to CMA in the trade between North Europe and the U.S. East Coast.

MSC/Zim Amazon Service Vessel Sharing Agreement (MSC Mediterranean Shipping Company S.A. and Zim Integrated Shipping Services Ltd.) – The agreement would authorize the parties to share vessels in the trade between the U.S. East and Gulf coasts, on the one hand, and Mexico, Panama, Jamaica, Trinidad and Tobago, and Brazil, on the other hand.

MSC/CMA CGM USEC-WCSA Space Charter Agreement (MSC Mediterranean Shipping Company S.A. and CMA CGM S.A.) – The agreement authorizes MSC to charter space to CMA in the trade between the U.S. East Coast, on the one hand, and Panama, Colombia (Pacific coast only), Ecuador, Peru and Chile.

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