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New and Amended Maritime Agreements Filed

Wednesday, June 29, 2016
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 July 11.

New York Terminal Conference Agreement (American Stevedoring Inc.; APM Terminals Elizabeth, LLC; Port Newark Container Terminal LLC; GCT Bayonne LP; GCT New York LP; and Red Hook Container Terminal, LLC) – The amendment appoints a new agent consistent with the terms of the agreement.

Seaboard/King Ocean Space Charter Agreement (Seaboard Marine Ltd. and King Ocean Services Limited, Inc.) – The amendment would reduce the amount of space to be chartered and revise Article 7 to extend the minimum duration of the agreement.

CMA CGM/ELJSA Slot Exchange Agreement Asia – U.S. East Coast (CMA CGM S.A. and ELJSA Line Joint Service Agreement) – The agreement authorizes the parties to exchange slots in the trade between the U.S. East and Gulf coasts, on the one hand, and Singapore, China, Korea and Panama, on the other hand.

Sealand/ELJSA Vessel Sharing Agreement (Maersk Line A/S, d/b/a Sealand and Evergreen Line Joint Service Agreement) – The agreement authorizes the parties to share vessels in the trade between Puerto Rico and ports in Panama and the Dominican Republic.

Port of New York/New Jersey Equipment Optimization Discussion Agreement (Ocean Carrier Equipment Management Association Agreement (OCEMA) and the Port Authority of New York and New Jersey) – The agreement would authorize the parties to collect and exchange information, discuss, and reach agreement upon matters relating to cargo throughput, safety, intermodal equipment supply and efficiencies, congestion relief, port and terminal infrastructure, financing of improvements, and clean air or other environmental initiatives affecting operations in and around the Port of New York and New Jersey.

“K” Line/Hyundai Glovis Co., Ltd. U.S./Mexico Space Charter Agreement (Hyundai Glovis Co., Ltd. and Kawasaki Kisen Kaisha, Ltd.) – The agreement authorizes the parties to charter space to/from one another on an ad hoc basis for the carriage of ro-ro cargoes in the trades between the U.S. East and West coasts and ports on the east and west coasts of Mexico.

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