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SCI quits Indamex

SCI quits Indamex

   Shipping Corp. of India is no longer a member of the U.S. East Coast/India “Indamex/APL agreement,” its remaining members have said.

   In a filing with the U.S. Federal Maritime Commission, the carriers said the parties to the agreement are APL, CMA CGM and CP Ships. However, it is not clear whether Shipping Corporation of India will continue to buy slots from the vessel-sharing agreement.