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U.S./BRAZIL CARRIER GROUPING PLANS ADDITIONAL CONTAINER SERVICE

U.S./BRAZIL CARRIER GROUPING PLANS ADDITIONAL CONTAINER SERVICE

   Eight shipping lines in the U.S./East Coast of South America trade are planning to introduce an additional string.

   The carriers of the East Coast United States/East Coast South America vessel-sharing agreement have notified the U.S. Federal Maritime Commission of an amendment to their agreement. The amendment provides for an additional vessel string, and revises the space allocations between the members of the vessel-sharing group.

   The carriers of the vessel-sharing agreement are Maersk Sealand, its sister company Safmarine, Hamburg Sud and its affiliate Alianca Navegacao e Logistica, P&O Nedlloyd and its affiliate Oceanica, and Compania Sud Americana de Vapores and its affiliate Companhia Libra de Navegacao.

   The shipping lines currently run two joint weekly services between the U.S. East Coast and the East Coast of South America.

   They asked the FMC for an expedited review of the change to their vessel-sharing agreement.