SENATOR LINES, OOCL ENTER SLOT-CHARTER AGREEMENT
Germany’s Senator Lines and Orient Overseas Container Line, Hong Kong, have entered into a slot-charter agreement covering cargo moving in the U.S./Far East trade.
The agreement provides for Senator to sell 100 twenty-foot equivalent TEUs per voyage westbound and 150 TEUs eastbound to OOCL in the trade between the U.S. East Coast, Korea, China, Hong Kong and Taiwan.
The agreement also allows Senator to sell OOCL a maximum of 300 TEUs per voyage in both directions.
The agreement also allows Senator to sell additional slots, subject to availability, to OOCL upon request