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New and Amended Maritime Agreements Filed

Wednesday, March 15, 2017
Sandler, Travis & Rosenberg Trade Report

The FMC has issued notice that the following new or amended agreements have been filed. Interested parties may submit comments by March 27.

Hyundai Glovis/EUKOR Car Carrier Inc. Space Charter Agreement – The amendment revises the agreement to reflect a more specific understanding reached by the parties with respect to the amount of space to be chartered.

Zim/Turkon Slot Charter Agreement – The amendment adds the port of Istanbul, Aliaga, Turkey to the geographic scope of the agreement.

Maersk Line/APL Slot Exchange Agreement – This amendment deletes the slot exchange that had occurred on the MECL1 and AZX services, converts the agreement into a reciprocal space charter, deletes language rendered obsolete by the elimination of the slot exchange, and restates the agreement.

APL/Maersk Line Slot Charter Agreement – The agreement authorizes APL to sell slots to Maersk Line on its PE1 service in the trade between the U.S. Atlantic Coast and Sri Lanka, Singapore, Malaysia, and Indonesia

Yang Ming/COSCO Shipping Slot Exchange Agreement – The agreement authorizes the parties to exchange space from Yang Ming to COSCO Shipping on the service referred to as the PS2 and operated under THE Alliance Agreement (FMC Agreement No. 012439) in exchange for space from COSCO Shipping to Yang Ming on the service referred to as the CEN and operated under the OCEAN Alliance Agreement (FMC Agreement No. 012426).

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