Montemar replaces affiliate in U.S./South America joint service
Montemar Maritima will replace sister company Companhia Libra de Navegacao as a member of a U.S. Gulf/Mexico/East Coast of South America joint service agreement with CP Ships carriers Lykes Lines and TMM Lines.
The vessel-sharing agreement will be renamed the “Montemar/Lykes/TMM space charter and sailing agreement,” according to a notice of the U.S. Federal Maritime Commission.
Montemar, based in Uruguay, and Libra, of Brazil, both belong to the Compania Sud Americana de Vapores group of Chile.
Montemar replaces affiliate in U.S./South America joint service
