FMC Seeking Comments on Ocean Carrier Vessel Sharing Deal
The Federal Maritime Commission is seeking public comments on a new vessel sharing agreement among Japanese carrier Ocean Network Express, South Korea-based Hyundai Merchant Marine and Taiwan-based Yang Ming Marine Transportation. Under the agreement, called the Premier Alliance Agreement, the…
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carriers will share vessels; charter or exchange vessel space; work together on the “operational characteristics of vessels operated under the agreement”; and more, the FMC said. The proposed effective date of the agreement is Dec. 12. Comments are due Nov. 21.