[Federal Register Volume 59, Number 168 (Wednesday, August 31, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-21393]


[[Page Unknown]]

[Federal Register: August 31, 1994]


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FEDERAL MARITIME COMMISSION
 

Listing of Controlled Carriers Under the Shipping Act of 1984

AGENCY: Federal Maritime Commission.

ACTION: Amendments to list of controlled carriers.

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SUMMARY: The Federal Maritime Commission is adding Vietnam Sea 
Transport and Chartering Company and POL-America, Inc. to the list of 
controlled carriers, subject to the advance tariff filing and other 
regulatory requirements of section 9 of the Shipping Act of 1984. The 
Commission is removing the National Shipping Corporation of the 
Philippines and the Far Eastern Shipping Company of Russia, from the 
list of controlled carriers. Information received indicates that they 
no longer meet the definition of a controlled carrier pursuant to 
section 3(8) of the Shipping Act of 1984.

FOR FURTHER INFORMATION CONTACT: Robert D. Bourgoin, General Counsel, 
Federal Maritime Commission, 800 North Capitol Street, NW., Washington, 
DC 20573-0001, (202) 523-5740.

SUPPLEMENTARY INFORMATION: Sections 3(8) and 9 of the Shipping Act of 
1984 (``1984 Act''), 46 U.S.C. app. 1702(8) and 1708, provide for the 
identification and regulation of certain state-controlled carriers 
operating in the waterborne foreign commerce of the United States. The 
Federal Maritime Commission (``Commission'') has determined that 
Vietnam Sea Transport and Chartering Company (``Vietnam Sea 
Transport''), headquartered in Ho Chi Minh City, Vietnam, and POL-
America, Inc. (``POL-America'') headquartered in Gdynia, Poland, meet 
the definition of a controlled carrier under section 3(8) of the 1984 
Act, and are, therefore, being added to the list of controlled 
carriers.
    Upon inquiry by the Commission, Vietnam Sea Transport responded 
that its operating assets are directly owned by the Government of 
Vietnam (``GOV'') and that the GOV has the right to approve or 
disapprove the appointment of a majority of the directors, including 
the chief operating or executive officer of the carrier. Vietnam Sea 
Transport advised that it intends to operate at least two Vietnamese-
flag vessels in its service in the U.S. cross-trades.
    POL-America responded that Polish Ocean Lines of Gdynia, Poland, a 
government-controlled carrier, holds the majority interest (70 percent) 
of POL-America. Under the 1984 Act, government ownership is deemed to 
exist where the majority interest of a carrier is held by a government 
entity or instrumentality. In this case, Polish Ocean Lines of Gdynia, 
according to Commission records, is owned by the Polish Government. All 
vessels operated by POL-America are under the Polish flag.
    The Commission has determined to delete the National Shipping 
Corporation of the Philippines (``NSCP'') and the Far Eastern Shipping 
Company (``FESCO''), currently named ``FESCO Joint-Stock P.L.C.,'' from 
the list of controlled carriers, because they no longer meet the 
definition of a controlled carrier set forth in section 3(8) of the 
1984 Act.
    Information submitted to the Commission by NSCP indicates that the 
Government of the Philippines (``GOP'') sold all of its rights, title 
and interest in NSCP's three vessels of Philippine registry, as well as 
all of the issued and outstanding shares in NSCP, to Madrigal-Wan Hai 
Lines Corporation (``Madrigal''), a private corporation organized under 
the laws of the Philippines. Sixty percent of Madrigal is said to be 
owned by A. P. Madrigal Steamship Company, Inc., a private Philippine 
Corporation owned by Philippine nationals, and forty percent is owned 
by Wan Hai Lines Limited, a private Taiwan corporation owned by non-
Philippine nationals. The Commission is also advised that the GOP has 
no right to appoint or disapprove the appointment of a majority of the 
directors, or the chief operating or executive officer of NSCP.
    The Commission has determined that because NSCP is not directly or 
indirectly owned or controlled by the GOP, it no longer meets the 
definition of a controlled carrier and is, therefore, being deleted 
from the list of controlled carriers.
    FESCO Joint-Stock P.L.C., the legal successor to the Far Eastern 
Shipping Company, provided information advising that it was created 
pursuant to the Russian Federation President's Decree No. 721, which 
enacted measures allowing state enterprises to incorporate as private 
limited companies--stock societies. FESCO was organized and registered 
in the Russian Federation on December 3, 1993.
    FESCO reported that as of July 15, 1994, fifty-five percent of the 
company's shares belong to individual shareholders comprised mainly of 
current and former employees of FESCO. FESCO further advises that: 
twenty-five percent of the shares belong to 70 legal entities; the 
remaining twenty percent of the shares belong to Primorsk Region 
Committee for the State Property Management, a government entity, which 
is required to sell these shares either to legal entities or 
individuals before December 3, 1995; FESCO's operating assets are 
neither directly nor indirectly owned or controlled by the Russian 
Federation or any governmental entity; and that the Russian Federation 
does not have the right to appoint or disapprove the appointment of the 
directors or the chief operating or executive officer of the company.
    The Commission has determined that because the Russian Federation 
neither owns a majority interest in FESCO, nor has the right to appoint 
or disapprove the appointment of a majority of its directors, or its 
chief operating or executive officer, FESCO no longer meets the 
definition of a controlled carrier and is, therefore, being deleted 
from the list of controlled carriers.
    The amended list of controlled carriers is shown below:

(1) Baltic Shipping Company--Russia
(2) Bangladesh Shipping Corp.--Bangladesh
(3) Black Sea Shipping Company--Ukraine
(4) Black Star Line--Ghana
(5) Ceylon Shipping Corporation--Sri Lanka
(6) China Ocean Shipping Company--People's Republic of China
(7) China Resources Transportation & Godown Co., Ltd.--People's 
Republic of China
(8) Chu Kong Shipping Co., Ltd.--People's Republic of China
(9) Compagnie Maritime Zairoise--Zaire
(10) Compagnie Marocaine de Navigation (COMANAV)--Morocco
(11) Compagnie National Algerienne de Navigation--Algeria
(12) Companhia de Navegacao Lloyd Brasileiro--Brazil
(13) Compania Anonima Venezolana de Navegacion (Venezuelan Line)--
Venezuela
(14) Compania Peruana de Vapores (Peruvian State Line--Peru
(15) Egyptian National Line--Egypt
(16) Far East Enterprising Co. (H.K.), Ltd.--(Farenco)--People's 
Republic of China
(17) Flota Bananera Ecuatoriana S.A.--Ecuador
(18) Guandong International Shipping Co., Ltd.--People's Republic of 
China
(19) International Transport Enterprise Co. (GETDD) Ltd.--People's 
Republic of China
(20) MISR Shipping Company--Egypt
(21) Murmansk Shipping Co. (Arctic Line)--Russia
(22) Nauru Pacific Line--Nauru
(23) Nigerian National Shipping Line Limited--Nigeria
(24) P.T. Djakarta Lloyd--Indonesia
(25) Pakistan National Shipping Corporation--Pakistan
(26) Pharaonic Shipping Co. (S.A.E.)--Egypt
(27) POL-America, Inc.--Poland
(28) Polish Ocean Lines--Poland
(29) Romanian Shipping Company Constanta (NAVROM)--Romania
(30) Shanghai Hai Hua Shipping Company--People's Republic of China
(31) Shipping Corporation of India--India
(32) Societe National Malgache de Transports Maritimes--Madagascar
(33) Sudan Shipping Line Limited--Sudan
(34) Tientsin Marine Shipping Company--People's Republic of China
(35) Transportes Navieros Ecuatorianos (Transnave)--Ecuador
(36) Vietnam Sea Transport and Chartering Company--Vietnam
(37) Zhu Sheng Transportation Co., Ltd.--People's Republic of China

    The process of identification and classification of controlled 
carriers is continuous. This list as shown will be amended as 
circumstances warrant.

    By the Commission.
Joseph C. Polking,
Secretary.
[FR Doc. 94-21393 Filed 8-30-94; 8:45 am]
BILLING CODE 6730-01-M