NEWS DETAILS

Date: 08/11/2024

US FMC seeks public comments on Premier Alliance Agreement

The Federal Maritime Commission has opened a 15-day comment period for members of the public to comment in response to a newly filed vessel sharing agreement between Ocean Network Express (ONE), Hyundai Merchant Marine (HMM) and Yang Ming Marine Transportation (Yang Ming).
 
ONE, HMM and Yang Ming are parties to THE Alliance Agreement that is currently in effect. 
 
The new agreement, titled the Premier Alliance Agreement, authorises the three ocean common carriers to share vessels; charter or exchange vessel space; discuss and agree on the size, number, and operational characteristics of vessels operated under the agreement; and engage in other related activities, informed an FMC release.
 
The Premier Alliance Agreement (No. 201435) is available for public inspection in the Commission’s online Agreement Library.  
 
Instructions for submitting comments are included in the Notice of Agreement Filed and Request for Public Comments published in the Federal Register.  Comments will be most helpful to the Commission if received on or before November 20, 2024, it stressed.
 
Comments submitted are confidential and exempt from public disclosure under 46 CFR 535.608 and subject to the exceptions noted there, the release added.
 
Source: Exim News Service: Washington, Nov. 7