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APL Action Prompts TWRA to Convene Emergency Meeting
(Cyber Shipping Guide - Ocean Commerce)
October 16, 1998
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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