Le Slot Charter Agreement

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December 11, 2020
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December 11, 2020

“Through this cooperation agreement with Hapag-Lloyd, we will continue to provide Reefer freight shippers and European recipients with the highest quality of service and customer service, as well as fast transit times and first-class equipment,” Seatrade said. They add that the agreement expands port options and provides multiple calls per week, giving shippers greater frequency and flexibility. Maritime alliances can help airlines achieve low prices and broad service coverage through economies of scale and scale. The high fixed cost structure of shipping companies is one of the main arguments for cooperation between shipping companies. A weekly line service between different ports requires investment in a number of vessels. They will sail independently of their occupancy rates. Cooperation between airlines, for example. B through a Ship Sharing Agreement (ASV), can reduce this risk and increase utilization. Royalty for goods that, under a firm agreement, are kept in storage facilities for a specified period of time and are not included in other schemes. Click here for more information.

The new service will have a port rotation of La Spezia-Genoa-Fos-Barcelona-Barcelona-Valence-New York-Norfolk-Savannah-Miami-Algeciras-La Spezia, and will bring down the Alliance`s AL6 appeal in the Italian port of Livorno. Instead, THE Alliance has entered into a slot rental agreement with Israeli airline Zim that will include a call to Livorno in its Zim Container Service Atlantic String. Maersk Line and MSC announced a 10-year ship sharing agreement starting in 2014. The agreement includes 185 vessels with a capacity of 2.1 million TEUs. Maersk contributes to 110 ships/1.2 million TEUs. MSC adds 75 ships/900k TEUs to the alliance. It is now the largest entry in navigation from south Hamburg (part of Maersk). 2M serves 44 regular routes between Europe, Asia and the United States. For the first year in the first year, Maersk projected savings of $350 million.

In 2017, hmm partnered with the 2M Alliance for a period of three years. In this way, exchange slots and share excess capacity or act. At the same time, Zim will take slots for the new service which, according to the agreement between the two alliances, is expected to last at least years. Slot Charter Agreement (SCA) is a contract between two shipping partners/companies that purchase and sell a number of slots for a specified period of time in order to extend coverage. Hapag-Lloyd, for example, is, according to Shipping and Freight Resource, a slot charterer on the MSC service from South Africa to Europe, although they have their own ships and services on that line. Slot charterers act as an independent shipping company, use their own equipment, provide their own bill of lading and the port calculates them directly for their port taxes. It states: “The injection of larger vessels will reduce the cost per slot while maintaining a similar weekly capacity. It will also create employment opportunities for 8,500 TEUs-sized vessels that have been victims of tonnage stunts. A Vehicle Sharing Agreement (VSA) is a cooperation between shipping companies to meet demand on certain trade routes through the sharing of maritime space. Vessel Sharing Agreements are agreements that you usually enter into between partners within an alliance to operate a regular service on certain lines as partners. The space for each partner can vary from port to port and depends on individual entries per company. A vessel Sharing Agreement is limited to a specific trade route.

On the other hand, a maritime alliance is a set of VSA and more global. “Hyundai Merchant Marine (HMM) will join the Alliance when its slots lease with 2M expires next April,” said Loadstar. The equivalent of the reservation and the transport contract, which concluded the agreement on the transport of goods. The 11 ships of 4,500-5,300 teu, include six classic panenodoxes operated on the Ocean Alliance Loop and five jet ships of 4,520 teu q