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New and Amended Maritime Agreements Filed

Tuesday, February 28, 2017
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 March 13.

ASA/SERC Agreement (American President Lines, Ltd. /APL Co. Pte Ltd.; ANL Singapore Pte Ltd.; COSCO Shipping Lines Company, Ltd.; Evergreen Line Joint Service; Hyundai Merchant Marine Co., Ltd.; Kawasaki Kisen Kaisha, Ltd.; Mitsui O.S.K. Lines, Ltd.; Nippon Yusen Kaisha; Orient Overseas Container Line Ltd.; Wan Hai Lines Ltd.; and Yang Ming Marine Transport Corp.) – The amendment reflects a recently implemented name change from “ASF/SERC” to “ASA/SERC” because the Asian Shipowners Forum changed its name to the Asian Shipowners Association. The amendment also revises the name of one party, COSCO SHIPPING Lines Company Limited, and removes two other parties, China Shipping (Group) Company/China Shipping Container Lines Co., Ltd. and Hanjin Shipping Co., Ltd.

WWL/”K” Line Space Charter Agreement (Wallenius Wilhelmsen Logistics AS and Kawasaki Kisen Kaisha, Ltd.) – The amendment clarifies the parties' agreement to charter space to each other and corrects clerical errors.

King Ocean/Seaboard Space Charter Agreement (Seaboard Marine, Ltd. and King Ocean Services Limited, Inc.) – The amendment revises the amount of space chartered under the agreement.

Hyundai Glovis/Sallaum Cooperative Working Agreement (Hyundai Glovis Co., Ltd. and Sallaum Lines DMCC) – The amendment converts the agreement from a two-way charter to primarily a one-way charter of space and revises the duration of agreement.

Hapag-Lloyd/UASC Vessel Sharing Agreement (Hapag-Lloyd and United Arab Shipping Company Limited) – In light of the fact that Hapag-Lloyd is in the process of merging its liner

shipping business with that of UASC the agreement authorizes the parties, in advance of that transaction, to coordinate and cooperate with respect to their transportation services and operations, including through the sharing of space on vessels operated under THE Alliance Agreement.

HMM/ZIM Pacific Northwest Slot Exchange Agreement (Hyundai Merchant Marine Co., Ltd. and Zim Integrated Shipping Services Ltd.) – The agreement authorizes Hyundai and Zim to charter space to each other in the trade between China, Taiwan, and Korea on the one hand and the U.S. West Coast on the other hand.

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