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Sinotrans Container Lines Co Ltd News

05 Jan 2004

FMC To Meet Regarding China

The Federal Maritime Commission (FMC) issued a Notice stating that it will meet in closed session on January 21, 2004 to consider various issues related to China. Matters to be considered include the petition of China Ocean Shipping (Group) Company for a partial exemption from the Controlled Carrier Act; the petitions of China Shipping Container Lines Co., Ltd. and SINOTRANS Container Lines Co., Ltd. for full exemptions from the first sentence of section 9(c) of the Shipping Act of 1984; and review of shipping restrictions, requirements, and practices of the People’s Republic of China. (1/2/04). (Source: HK Law)

10 Jul 2002

Ocean Common Carrier Status of Shanghai Hai Hua Shipping Company

The Federal Maritime Commission (FMC) issued a notice stating that it has served an Order of Investigation and Hearing, a Request for Additional Information, and an Order to Show Cause on Shanghai Hai Hua Shipping Company and Sinotrans Container Lines Co. Ltd. The two companies filed a cross space charter and sailing agreement, but there are indications that the former company does not currently operate vessels in the trade for which it has published a tariff. The effective date of the agreement has been delayed while the matter is investigated. Source: HK Law

16 Jul 2003

FMC Petition Filed by SINOTRANS

The Federal Maritime Commission (FMC) issued a Notice stating that Sinotrans Container Lines Co., Ltd. (SINOTRANS) has petitioned for a limited exemption from the tariff publishing requirements of Section 9 of the Shipping Act of 1984. SINOTRANS seeks the exemption so that it can lawfully reduce rates to meet or exceed the tariff rates of other ocean common carriers on one day's notice. Comments on the petition should be submitted no later than august 8, 2003. Petition 2-03

05 Jun 2003

FMC Publishes List of Controlled Carriers

The Federal Maritime Commission is publishing an updated list of controlled carriers. Section 3(8) of the Shipping Act of 1984 (“Shipping Act”), 46 U.S.C. app. (B) that government has the right to appoint or disapprove the appointment of a majority of the directors, the chief operating officer, or the chief executive officer of the carrier. As required by the Shipping Act, controlled carriers are subject to special oversight by the Commission. Section 9(a) of the Shipping Act, 46 U.S.C. app. No controlled carrier subject to this section may maintain rates or charges in its tariffs or service contracts, or charge or assess rates, that are below a level that is just and reasonable…