Under the terms of the proposed plan, Hamburg Süd and CSAV including their respective subsidiaries Aliança and Libra-Montemar will each operate a sling of vessels. The CSAV / Libra-Montemar operated sling is not calling Buenos Aires Port.

Hamburg Süd / Aliança and CSAV / Libra-Montemar have filed a slot-swap agreement with the Federal Maritime Commission (FMC). The new agreement, which is expected to go into effect within 45 days after the FMC filing, offers the following port rotations:

Hamburg Süd / Aliança:

New York, Philadelphia, Norfolk, Charleston, Jacksonville, Port Everglade, Puerto Cabello, Suape, Santos, Buenos Aires, Montevideo, Rio Grande, Santos, Sepetiba, Suape, Pecem, New York.

CSAV / Libra-Montemar:

Newark, Norfolk, Baltimore, Puerto Cabello, Sao Francisco, Paranagua, Santos, Rio de Janeiro, Salvador, Puerto Cabello, Newark.

The Federal Maritime Commission (FMC) is an independent regulatory agency responsible for the regulation of oceanborne transportation in the foreign commerce of the U.S.