Vsa Vessel Sharing Agreement14 Apr 2021, by Uncategorized in
The name of this agreement is the MED/USEC Vessel Sharing Agreement ( the “agreement”). It is not necessary for each partner to have an equal number of vessels. If the trade or part of it is no longer part of the Maersk/MSC Vessel Sharing Agreement, the 2M Lines SML share as soon as possible, but no later than 14 days after 2M Lines agrees to do so, or the notification of such termination. As a general rule, a vessel-sharing agreement is concluded between different container shipping companies that agree to operate a regular service on a given line with a number of vessels. U.S. flag ship capacity operated by a participant and U.S. Flag Vessel Sharing Agreement (VSA) capacity of a participant. In this case, the hamburger S-damerikanische Dampschifffahrts-Gesellschaft KG (“Hamburg S-d”) and CMA CGMS.A. (“CMA”) CADE asked whether the vessel Sharing Agreement (“VSA”) between them and Nile Dutch Africa Line BV (“NDAL”), all competitors in dener`s shipping market, constituted an association agreement within the meaning of Resolution 17.
A ship-sharing agreement is somewhat different from that of an alliance, in that a vessel-sharing agreement is generally devoted to a particular trade route, the conditions being specific to that route, whereas an alliance is of a more global nature and could include many different trade routes that are normally on the same terms. The amount of space each partner receives may vary from port to port and may depend on the number of vessels operated or placed by the various partners under the agreement. The last agreement that started this year is the one between Maersk Line and MSC. They concluded the agreement with another number of ships, Maersk with about 110 and MSC with 75. Would he be happy to get more information on this subject: 1. VSA is equal to Slot? 2. How do financial agreements between different companies operating under an ASV work? 3.