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TROPICAL, KENT LINE SIGN NO-COMPETE AGREEMENT

TROPICAL, KENT LINE SIGN NO-COMPETE AGREEMENT

   Tropical Shipping and Kent Line have signed a no-compete agreement as part of the recent takeover by Tropical of Kent Line’s Canada/U.S./Caribbean container shipping service.

   Under the agreement, Kent Line agrees not to compete as a container liner operator for a period of five years in the trades between Canada, the U.S. East Coast, and the Caribbean.