CARRIERS FORM SPACE CHARTER AGREEMENT COVERING U.S.-MED TRADE
P&O Nedlloyd, Farrell Lines, Hapag Lloyd Container Line and Zim Israel Navigationk Co. have entered a space charter agreement initially using six vessels weekly in the U.S.-Mediterranean trade.
P&O and Farrell (acting as one party) will provide four ships, while Hapag Lloyd and Zim (also acting as one party) will provide two vessels. The ships will have a capacity of approximately 1,500 – 1,800 twenty-foot equivalent units.
The agreement covers the trade between U.S. East and Gulf coast ports and ports in the Mediterranean and Atlantic ocean ports of Portugal.
CARRIERS FORM SPACE CHARTER AGREEMENT COVERING U.S.-MED TRADE
