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FMC Raises Question About Transpacific Agreement, Delaying Implementation

The Federal Maritime Commission formally asked the parties to the Transpacific Stabilization Agreement to provide additional information about the agreement. The request prevents the agreement from taking effect as originally scheduled. Interested parties can file comments on the request by…

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Feb. 20. Parties to Agreement No.: 011223-048 (see ITT's Online Archives 12122711) are: American President Lines and APL Co. (operating as a single carrier); A.P. Moller-Maersk A/S trading as Maersk Line; China Shipping Container Lines (Hong Kong) Company and China Shipping Container Lines Company (operating as a single carrier); CMA CGM, S.A.; COSCO Container Lines; Evergreen Line Joint Service Agreement; Hanjin Shipping Co.; Hapag-Lloyd AG; Hyundai Merchant Marine Co.; Kawasaki Kisen Kaisha Ltd.; Mediterranean Shipping Company; Nippon Yusen Kaisha; Orient Overseas Container Line; Yangming Marine Transport Corp.; and Zim Integrated Shipping Services.