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That being said, the coverage of code-sharing and slot-chartering is unlikely to be controversial.
Such provisions replicate the voluntary slot-charter provisions of the Neusara and Usanera conferences.
The companies have adopted a new commercial strategy based on cooperation with other operators, slot charters, etc.
However, the provisions on charter parties, space and slot charters, and transport of live animals should not necessarily be mandatory
However, the provisions on charter parties, space and slot charters, and transport of live animals should not necessarily be mandatory.
Cargo travelling under Slot-Charter/Vessel Sharing Agreements are de facto travelling as if on board one of the Charterer's own vessels.
A slot charter is a maritime term for a charter party where the shipper leases one or more “slots” aboard a container ship.
As such, volume contracts would be excluded by 3(c), slot charters by 3 (a) or 3 (b) and towage and heavy lift contracts by 3 (b).
111 This is not intended to suggest that entry to a particular trade on the basis of slot charter arrangements without putting actual tonnage in place is necessarily anticompetitive.
Paragraphs 109 and 110 of the statement of objections were based in this respect on the slot-chartering agreements entered into by those two lines with the TACA parties.
(295) This is not intended to suggest that entry to a particular trade on the basis of slot charter arrangements without putting actual tonnage in place is necessarily anti-competitive.
The charterer will (normally) pay a sum for the total number of Slots he has chartered, whether he is able to utilize the total numbers of Slots chartered or not.
The shipper/consignee may not have to know - or have to be told - that part of the transportation is carried out on board a Slot-Charter/Vessel Sharing Agreement vessel.
(294) In particular, Hanjin and Hyundai have been able to enter the market on a slot charter basis without having had to make any investment in vessels for the trade.
1318 It is not in dispute that Hyundai had signed a slot-chartering agreement with MSC with effect from 17 August 1995 following negotiations with that TACA party in May 1995.
After discussion, there was general agreement that charterparties and similar type agreements such as slot-charter agreements and space-charter agreements should be excluded from the scope of the draft instrument
After discussion, there was general agreement that charterparties and similar type agreements such as slot-charter agreements and space-charter agreements should be excluded from the scope of the draft instrument.
Ordinary Slot Charter Under the ordinary Slot-Charter, a charterer (a shipping line) charters from a ship-owner (another shipping line with excess capacity on a vessel) a number of 'Slots'.
(6) Hanjin Shipping Co. Ltd became a party to the TAA on 26 August 1994, entering the transatlantic trade through a slot-charter agreement with DSR/Senator Lines GmbH and Cho Yang.
(24) In addition to six vessel-sharing agreements currently in effect among various TAA parties (agreements outside the TAA framework), the TAA makes provision for additional slot-charter activity and equipment exchange.
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Those negotiations having failed in the course of May 1995, Hyundai then entered into negotiations with MSC, a member of the TACA, with a view to entering into a slot-chartering agreement.
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Traditional charter parties, volume contracts in the non-liner trade, slot charters in the liner trade, and towage and heavy lift contracts should be excluded from the application of the draft instrument
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Traditional charter parties, volume contracts in the non-liner trade, slot charters in the liner trade, and towage and heavy lift contracts should be excluded from the application of the draft instrument;