Doyle Votes for Additional Information from G6 Parties

Posted by Eric Haun
Wednesday, January 15, 2014
Commissioner William P. Doyle

Citing consumer interests, U.S.-flag international fleet, small businesses, suppliers and third parties such as terminals, vendors and bunker operators, Doyle submits additional questions to the G6 parties.

Federal Maritime Commissioner William P. Doyle voted to approve a request for additional information from the filing parties to the G6 Alliance Agreement. Now approved by a vote of the Commission, this request has stopped the 45-day regulatory waiting period. A new 45-day period will begin after the parties have submitted responses to the request for additional information.

On December 2, 2013, the G6 parties filed an Amendment with the Commission to extend their cooperation to all major east-west trades including those between Asia and the U.S. West Coast, and between Europe and the U.S. East Coast. The G6 parties consist of American President Lines, Ltd. (APL), Hapag Lloyd, Hyundai Merchant Marine Company (HMM), Mitsui O.S.K. Lines, Ltd. (MOL), Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL).

Currently, the G6 Agreement authorizes the parties to share vessel space with each other and also enter into cooperative working arrangements in Asia-U.S. East Coast trade. Their Amendment would extend their authorization to encompass the major east-west trades, including that between Asia and the U.S. West Coast, and between Northern Europe/Mediterranean and all U.S. coasts.

“I have reviewed the proposed G6 Amendment and agree with the questions proposed by the Commission,” stated Commissioner Doyle. He continued, “I also submitted questions related to the impact this Amendment would have on consumers, the U.S.-flag international fleet, small businesses and third party interests such as terminals, vendors and bunker suppliers.” Doyle finished, "I trust that the G6 parties will thoroughly address all the questions posed in the Commission’s request for additional information."

For reference and comparison: The proposed G6 Amendment for its new global network anticipates 180 – 220 vessels with a maximum capacity of 14,000 twenty-foot equivalent units (TEUs). The recently filed P3Network Vessel Sharing Agreement (VSA) proposes an initial deployment across all U.S. trades with an annual capacity of 130 vessels that range between 4,000 TEUs and 12,250 TEUs. The P3 VSA proposes to eventually expand to a maximum of 180 vessels of up to 19,200 TEUs.

Pursuant to regulatory statute, agreements filed with the Commission become effective after 45 days, but the Commission may request additional information and documents from the filing parties necessary to complete the required statutory review. Upon receipt of complete and adequate responses to the request for additional information, a new 45-day period begins.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World to Manage Somaliland Port for 30 Years

DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa,

Abu Dhabi Ports Try to Lure Chinese Businessmen

Abu Dhabi Ports - the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate - presented the integrated offerings of Khalifa

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

News

APM Terminals Bahrain Push for Safety, IT systems

Hidd, Khalifa Bin Salman Port, Bahrain - APM Terminals Bahrain, operators of Khalifa bin Salman Port (KBSP), has recently made significant advances in Safety performance

Seized Hanjin Shipping Vessel Resumes Operation in South Africa

Hanjin Paradip resume  its sailing from South Africa as talks continue with owner over unpaid charter fees. The ship had been detained in Richards Bay, South Africa

Deployment: The Transpacific Trade Steps Up To The Plate

In 2015, it was the Asia-Europe route which was the focus of changing deployment trends, says Clarksons Research.   This year, it is the Transpacific trade which

Government Update

1,076 Graduate from U.S. Naval Academy

The U.S. Naval Academy graduated 1,076 men and women at the annual graduation and commissioning ceremony May 27 at Navy-Marine Corps Memorial Stadium. U.S. Naval Academy Superintendent Vice Adm.

Details El Faro's Sinking Emerge from US Probe

U.S. investigators on Friday concluded two weeks of hearings into the sinking of cargo ship El Faro in a hurricane last fall that included reports the vessel had

Defense Appropriations Bill Includes $1 Bln for US Icebreaker

The U.S. Senate Appropriations Committee’s FY2017 Defense Appropriations Bill has included $1 billion in funding to accelerate construction of a new polar icebreaker for the U.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1163 sec (9 req/sec)