ICELANDIC CARRIERS ENTER SPACE CHARTER AGREEMENT
' Atlantsskip, based in Garoabae, Iceland, will charter space on its vessels between the U.S. and Canadian east coasts and Samskip, Reykjavik, Iceland on an “as needed” basis.
Under the agreement filed with the U.S. Federal Maritime Commission, Samskip Inc., will if requested, provide Atlantsskip all inland services at the port of Norfolk, Va., including warehousing, collection and distribution of cargo, receipt of cargo, and less than containerload stuffing.
In the event Atlantsskip loses its contract to carry U.S. military cargo between the United States and Iceland, the parties will terminate the agreement.