U.S./AUSTRALIA/NEW ZEALAND LINES PLAN NEW CONFERENCE
Seven ocean carriers are planning to set up a new conference in the trade
from the U.S. to Australia and New Zealand.
P&O Nedlloyd, Contship Containerlines, Marfret, CMA-CGM, Australia-New
Zealand Direct Line, Columbus Line and Wallenius Wilhelmsen Lines have filed an agreement
with the U.S. Federal Maritime Commission.
The United States Australasia Agreement would allow them to agree on rates,
enter into service contracts, charter space from each other, and establish a volume-based
pooling arrangement.