Vessel Sharing Agreements In Shipping

Under the Vessel Sharing Agreement, two (or more) shipping companies agree to provide a fixed number of slots on certain vessels or routes. 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. 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. 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. VSA is not the same as Charter slot. Slot Charter is when a shipping company buys a number of slots from a carrier. VSA is when the operators of a consortium share their slots as a percentage of each company`s capacity. If one of the consortium members wants more than his contribution, then he can go for the purchase of additional slot machine.

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. It is not necessary for each partner to have an equal number of vessels. U.S. flag ship capacity operated by a participant and U.S. Flag Vessel Sharing Agreement (VSA) capacity of a participant. It is not necessary for each partner to have the same number of vessels. The space available for loading and unloading at each port of call is shared by the partners. Could this be more information on this topic: 1. VSA is it equal to Slot Charter? 2. How do financial agreements between different companies operating under an ASV work? 3. How do you manage a situation if one of the operators does not have reservations equal to their share of the slot machine or has more reservations compared to their share of slot machine? Hello Dang, in a VSA, you usually do NOT receive two vsls on the same service that calls the same port at the same time. However, in some cases, this is possible due to the absence of ships and delays in a given port.

If such a case occurs, the berth is ordered according to the port. Overall, the keys to meeting these challenges will be: . The name of this agreement is the MED/USEC Vessel Sharing Agreement ( the „agreement”). . Windthrust Ltd, a subsidiary of National Ports Corporation, has plans for a car–… Odyssey will be following the situation very closely in the coming weeks and will keep you informed of how developments warrant it. In the meantime, if you have any questions, please contact your Odyssey representative. Soren Toft has begun his new role as chief executive officer of the Mediterranean Shipping Company (MSC), … . vsa and Slot Charter .

who organizes it, the headquarters of Liner or Liner Agent worldwide? . The following graph provides a snapshot of the current VSA structure (Vessel Sharing Agreement) across the shipping community and what will happen to carrier alliances in April of this year. There may be some minor adjustments on the following, but in essence, these will be the main VSA coming from April 1, 2017: The Council of Ministers of Poland has passed the bill to support the development of…