Shipping Pact Swaps Bahamas and Mexico for Taiwan and Indonesia Routes
Published Date: 5/14/2025
Notice
Summary
The Federal Maritime Commission announced updates to a shipping agreement between Mediterranean Shipping Company and ZIM Integrated Shipping Services. They’re removing the Bahamas, Mexico, and Jamaica but adding Taiwan and Indonesia to their service areas starting May 7, 2025. This change could affect shipping routes and schedules, so companies and customers should pay attention and can comment within 12 days.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
Routes Removed: Bahamas, Mexico, Jamaica
The MSC/ZIM Cooperative Working Agreement deletes the Bahamas, Mexico, and Jamaica from the agreement's geographic scope, effective May 7, 2025. If your business relied on coordinated MSC/ZIM service to or from those countries under this agreement, those countries are no longer listed in the agreement starting on that date.
Routes Added: Taiwan and Indonesia
The MSC/ZIM Cooperative Working Agreement adds Taiwan and Indonesia to its geographic scope, effective May 7, 2025. Businesses shipping to or from Taiwan or Indonesia may gain coordinated MSC/ZIM service under this agreement beginning on that date.
Temporary Slot-Exchange Arrangement Added
The Amendment adds a new Article 14 that reflects an interim vessel sharing/slot exchange arrangement which will temporarily supersede the existing arrangements in Articles 5.1 and 5.2, effective May 7, 2025. This changes the agreement's internal vessel-sharing and slot-exchange terms for the interim period.
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