The Federal Maritime Commission (FMC) has announced the filing of several agreements under the Shipping Act of 1984. These agreements involve partnerships between shipping companies, such as CMA CGM S.A. and COSCO SHIPPING Lines Co. Ltd., allowing them to share space on each other’s vessels and expand their service routes, including adding new ports to their agreements. Interested parties can submit comments about these agreements to the FMC within a specific timeframe. Copies of the agreements can be accessed through the FMC's website.
Simple Explanation
The Federal Maritime Commission is telling everyone that two big ship companies are teaming up to share space on their boats to carry stuff to more places. If people want to say something about this, they can send their thoughts to the commission.