Vessel Sharing Agreement Example

(“CMA”) asked CADE whether the vessel sharing agreement (“VSA”) between them and Nile Dutch Africa Line BV (“NDAL”), all of which are competitors in the long-distance shipping market, constituted an associative agreement under resolution 17/16. If the business or any part thereof is no longer part of the Maersk/MSC Vessel Sharing Agreement, 2M Lines will notify SML as soon as possible and, in any case, no later than 14 days after 2M Lines` agreement or notification of such termination. Hello Dang, in a VSA, you usually do NOT get two VSLS on the same service that simultaneously calls the same port. However, in some cases, this is possible due to ship consolidations and delays in a given port. In this case, the berth is arranged according to the port. It is not necessary for each of the partners to have the same number of vessels. There may be some minor adjustments, but for the most part, it will be the most important VSAs that will progress from April 1, 2017: Soren Toft has started his new role as General Manager of Mediterranean Shipping Company (MSC). David Arsenault, the former CEO of Hyundai Merchant Marine, warned: “We`ve seen alliances remix in the past, but we`ve never seen all these alliances launched at once with a shotgun.” Shippers and consumers of shipping container products should be aware that a restructuring of this magnitude leads to a series of new or significantly expanded relationships between carriers and between carriers and terminals, which could lead to a large number of challenges in the supply chain during this transitional period. . . .

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