Common use of Slot Exchange Clause in Contracts

Slot Exchange. ‌ CMA CGM shall provide to COSCO SHIPPING from its JAX allocation 550 TEUs at 10 gwt average or 5,500 tons and 20 reefer plugs per round-trip weekly sailing on a used or not used basis. and in exchange, COSCO SHIPPING shall provide to CMA CGM from its SEA allocation 550 TEUs at 10 gwt average or 5,500 tons and 20 reefer plugs per round-trip weekly sailing on a used or not used basis. Upon mutual written agreement, the Parties may change the above slot allocation as they may deem necessary or desirable from time to time, without further amendment of this Agreement or any filing with the FMC. For purposes of this Agreement, the JAX service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Cai Mep – Los Angeles – Oakland – Hong Kong – Cai Mep For purposes of this Agreement, the SEA service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Haiphong -Nansha-Hong Kong-Yantian-Long beach- Oakland – Yantian Any change of the foregoing rotations within the Trade shall not require further amendment of this Agreement or any filing with the FMC. The Parties are authorized to discuss and agree on the ports to be called, port rotation, and scheduling of the services to be provided hereunder; provided, that the Loading Party will make the final decision with respect thereto. Additional ports of call may be added on an ad hoc basis at the discretion of the Loading Party, if such port call does not affect the time for loading and discharge in regular ports, schedule integrity, service frequency and normal transit time. The Parties are authorized to discuss and agree on the HC factor penalization and allocation of 40’HC and 45’HC units to be applicable on each service. The Parties are authorized to sell/purchase/exchange space from their respective allocations to/from one another on such terms as they may agree from time to time. The Parties are further authorized to purchase slots from each other in addition to those set forth in the above allocation from time to time, on such terms as the Parties may agree and subject to space availability. The Parties are further authorized to discuss and agree on their respective rights, fair and reasonable allocation of liabilities among the Parties, apportionment of damages, satisfaction of claims, procurement of insurance and claims thereunder, and indemnities for activities under this Agreement, including but not limited to matters pertaining to cargo loss or damage; damage or loss to containers or other equipment; schedule or delivery delays; loss of or damage to a vessel; accidents; hazardous, breakbulk, or oversized cargoes; loss or damage caused by cargo; damage to persons or property; failure to perform; force majeure; general average; and any liability to third parties.

Slot Exchange. ‌ CMA CGM shall provide to COSCO SHIPPING from its JAX PRX allocation 550 600 TEUs at 10 gwt average or 5,500 6,000 tons and 20 40 reefer plugs per round-trip weekly sailing on a used or not used basis. and in exchange, COSCO SHIPPING shall provide to CMA CGM from its SEA allocation 550 600 TEUs at 10 gwt average or 5,500 6,000 tons and 20 40 reefer plugs per round-trip weekly sailing on a used or not used basis. In addition, COSCO SHIPPING shall sell to CMA CGM from its SEA allocation 1,900 1,000 TEUs at 10 gwt average or 19,000 10,000 tons and 85 45 reefer plugs per round-trip weekly sailing on a used or not used basis. Upon mutual written agreement, the Parties may change the above slot allocation as they may deem necessary or desirable from time to time, without further amendment of this Agreement or any filing with the FMC. For purposes of this Agreement, the JAX The PRX service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Cai Mep Fuqing – Nansha – Hong Kong – Yantian – Xiamen – Long Beach Los Angeles – Oakland – Hong Kong – Cai Mep For purposes of this Agreement, the Fuqing The SEA service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Haiphong -Nansha-– Nansha – Hong Kong-Yantian-Kong – Yantian – Ningbo- Long beach- Beach – Oakland – Yantian - Nansha Any change of the foregoing rotations within the Trade shall not require further amendment of this Agreement or any filing with the FMC. The Parties are authorized to discuss and agree on the ports to be called, port rotation, and scheduling of the services to be provided hereunder; provided, that the Loading Party will make the final decision with respect thereto. Additional ports of call may be added on an ad hoc basis at the discretion of the Loading Party, if such port call does not affect the time for loading and discharge in regular ports, schedule integrity, service frequency and normal transit time. The Parties are authorized to discuss and agree on the HC factor penalization and allocation of 40’HC and 45’HC units to be applicable on each service. The Parties are authorized to sell/purchase/exchange space from their respective allocations to/from one another on such terms as they may agree from time to time. The Parties are further authorized to purchase slots from each other in addition to those set forth in the above allocation from time to time, on such terms as the Parties may agree and subject to space availability. The Parties are further authorized to discuss and agree on their respective rights, fair and reasonable allocation of liabilities among the Parties, apportionment of damages, satisfaction of claims, procurement of insurance and claims thereunder, and indemnities for activities under this Agreement, including but not limited to matters pertaining to cargo loss or damage; damage or loss to containers or other equipment; schedule or delivery delays; loss of or damage to a vessel; accidents; hazardous, breakbulk, or oversized cargoes; loss or damage caused by cargo; damage to persons or property; failure to perform; force majeure; general average; and any liability to third parties.

Slot Exchange. ‌ CMA CGM shall provide to COSCO SHIPPING from its JAX MEA5 allocation 550 200 TEUs at 10 gwt average or 5,500 2,000 tons and 20 10 reefer plugs per round-round- trip weekly sailing on a used or not used basis. and in exchange, COSCO SHIPPING shall provide to CMA CGM from its SEA AAC3 allocation 550 200 TEUs at 10 gwt average or 5,500 2,000 tons and 20 10 reefer plugs per round-round- trip weekly sailing on a used or not used basis. Upon mutual written agreement, the Parties may change the above slot allocation as they may deem necessary or desirable from time to time, without Without further amendment of this Agreement or any filing with the FMC. For purposes of this Agreement, the JAX foregoing allocations may be adjusted up or down by up to fifty percent (50%) subject to parties’ mutual agreement. The AAC3 service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Cai Mep Lianyungang - Shanghai - Ningbo - Long Beach - Seattle – Los Angeles – Oakland – Hong Kong – Cai Mep For purposes of this Agreement, the SEA Lianyungang The MEA5 service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Haiphong -Nansha-Hong Kong-Yantian-Long beach- Oakland Qingdao – Yantian Shanghai – Ningbo – Nansha – Singapore - Jebel Ali - Abu Dhabi – Dammam - Abu Dhabi - Port Kelang – Qingdao Any change of the foregoing rotations within the Trade shall not require further amendment of this Agreement or any filing with the FMC. The Parties are authorized to discuss and agree on the ports to be called, port rotation, and scheduling of the services to be provided hereunder; provided, that the Loading Party will make the final decision with respect thereto. Additional ports of call may be added on an ad hoc basis at the discretion of the Loading Party, if such port call does not affect the time for loading and discharge in regular ports, schedule integrity, service frequency and normal transit time. The Parties are authorized to discuss and agree on the HC factor penalization and allocation of 40’HC and 45’HC units to be applicable on each service. The Parties are authorized to sell/purchase/exchange space from their respective allocations to/from one another on such terms as they may agree from time to time. The Parties are further authorized to purchase slots from each other in addition to those set forth in the above allocation from time to time, on such terms as the Parties may agree and subject to space availability. The Parties are further authorized to discuss and agree on their respective rights, fair and reasonable allocation of liabilities among the Parties, apportionment of damages, satisfaction of claims, procurement of insurance and claims thereunder, and indemnities for activities under this Agreement, including but not limited to matters pertaining to cargo loss or damage; damage or loss to containers or other equipment; schedule or delivery delays; loss of or damage to a vessel; accidents; hazardous, breakbulk, or oversized cargoes; loss or damage caused by cargo; damage to persons or property; failure to perform; force majeure; general average; and any liability to third parties.

Slot Exchange. ‌ CMA CGM shall provide to COSCO SHIPPING from its JAX PRX allocation 550 600 TEUs at 10 gwt average or 5,500 6,000 tons and 20 40 reefer plugs per round-trip weekly sailing on a used or not used basis. and in exchange, COSCO SHIPPING shall provide to CMA CGM from its SEA allocation 550 600 TEUs at 10 gwt average or 5,500 6,000 tons and 20 40 reefer plugs per round-trip weekly sailing on a used or not used basis. In addition, COSCO SHIPPING shall sell to CMA CGM from its SEA allocation 1,000 TEUs at 10 gwt average or 10,000 tons and 45 reefer plugs per round-trip weekly sailing on a used or not used basis. Upon mutual written agreement, the Parties may change the above slot allocation as they may deem necessary or desirable from time to time, without further amendment of this Agreement or any filing with the FMC. For purposes of this Agreement, the JAX The PRX service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Cai Mep Fuqing – Nansha – Hong Kong – Yantian – Xiamen –Los Angeles – Oakland – Hong Kong – Cai Mep For purposes of this Agreement, the Fuqing The SEA service shall consist of a round trip voyage, calling on a fixed day and weekly basis in such ports within the trade. Initially, the port rotation shall be: Haiphong -Nansha-– Nansha – Hong Kong-Yantian-Kong – Yantian –Long beach- Beach – Oakland – Yantian - Nansha Any change of the foregoing rotations within the Trade shall not require further amendment of this Agreement or any filing with the FMC. The Parties are authorized to discuss and agree on the ports to be called, port rotation, and scheduling of the services to be provided hereunder; provided, that the Loading Party will make the final decision with respect thereto. Additional ports of call may be added on an ad hoc basis at the discretion of the Loading Party, if such port call does not affect the time for loading and discharge in regular ports, schedule integrity, service frequency and normal transit time. The Parties are authorized to discuss and agree on the HC factor penalization and allocation of 40’HC and 45’HC units to be applicable on each service. The Parties are authorized to sell/purchase/exchange space from their respective allocations to/from one another on such terms as they may agree from time to time. The Parties are further authorized to purchase slots from each other in addition to those set forth in the above allocation from time to time, on such terms as the Parties may agree and subject to space availability. The Parties are further authorized to discuss and agree on their respective rights, fair and reasonable allocation of liabilities among the Parties, apportionment of damages, satisfaction of claims, procurement of insurance and claims thereunder, and indemnities for activities under this Agreement, including but not limited to matters pertaining to cargo loss or damage; damage or loss to containers or other equipment; schedule or delivery delays; loss of or damage to a vessel; accidents; hazardous, breakbulk, or oversized cargoes; loss or damage caused by cargo; damage to persons or property; failure to perform; force majeure; general average; and any liability to third parties.