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22 October 2019 The on-line newspaper devoted to the world of transports 23:56 GMT+2

October 16, 1998

APL Action Prompts TWRA to Convene Emergency Meeting

The Transpacific Westbound Rate Agreement (TWRA) will hold an emergency meeting on October 28 in Tokyo to cope with the withdrawal notice from APL, the largest shareholder within the agreement.
APL's withdrawal would give a deadly blow to the rate-making body whose cargo lifting share has been below 50%. With the enactment of the more deregulated Ocean Shipping ......
Read more on Cyber Shipping Guide - Ocean Commerce

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