81_FR_45422 81 FR 45288 - Notice of Agreements Filed

81 FR 45288 - Notice of Agreements Filed

FEDERAL MARITIME COMMISSION

Federal Register Volume 81, Issue 134 (July 13, 2016)

Page Range45288-45288
FR Document2016-16570

Federal Register, Volume 81 Issue 134 (Wednesday, July 13, 2016) 
[Federal Register Volume 81, Number 134 (Wednesday, July 13, 2016)]
[Notices]
[Page 45288]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16570]


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FEDERAL MARITIME COMMISSION


Notice of Agreements Filed

    The Commission hereby gives notice of the filing of the following 
agreements under the Shipping Act of 1984. Interested parties may 
submit comments on the agreements to the Secretary, Federal Maritime 
Commission, Washington, DC 20573, within twelve days of the date this 
notice appears in the Federal Register. Copies of the agreements are 
available through the Commission's Web site (www.fmc.gov) or by 
contacting the Office of Agreements at (202)-523-5793 or 
[email protected].
    Agreement No.: 012367-002.
    Title: MSC/Maersk Line Trans-Atlantic Space Charter Agreement.
    Parties: Maersk Line A/S and MSC Mediterranean Shipping Company 
S.A.
    Filing Party: Wayne R. Rohde, Esq.; Cozen O'Conner; 1200 19th 
Street NW.; Washington, DC 20036.
    Synopsis: The amendment revises the amount of space to be chartered 
under the agreement.

    Agreement No.: 012424.
    Title: CMA CGM/APL Slot Exchange Agreement.
    Parties: CMA CGM, S.A.; APL Co. Pte Ltd; and American President 
Lines, Ltd.
    Filing Party: Draughn B. Arbona, Esq; CMA CGM (America) LLC; 5701 
Lake Wright Drive; Norfolk, VA 23502.
    Synopsis: The agreement authorizes the parties to exchange slots in 
the trade between the U.S. East Coast on the one hand, and Italy, 
Egypt, United Arab Emirates, Sri Lanka, Singapore, Thailand, China, 
Hong Kong, Vietnam, Malaysia and Canada on the other hand.

    By Order of the Federal Maritime Commission.

    Dated: July 8, 2016.
Karen V. Gregory,
Secretary.
[FR Doc. 2016-16570 Filed 7-12-16; 8:45 am]
 BILLING CODE 6731-AA-P

45288 Federal Register / Vol. 81, No. 134 / Wednesday, July 13, 2016 / Notices FEDERAL DEPOSIT INSURANCE Agreements at (202)-523–5793 or would exceed 10 percent of the CORPORATION tradeanalysis@fmc.gov. aggregate financial sector liabilities.1 Agreement No.: 012367–002. Pursuant to Regulation XX, the Notice to All Interested Parties of the Title: MSC/Maersk Line Trans- Federal Reserve will publish the Termination of the Receivership of Atlantic Space Charter Agreement. aggregate financial sector liabilities by 10386, Bank of Shorewood Parties: Maersk Line A/S and MSC July 1 of each year. Aggregate financial Shorewood, Illinois Mediterranean Shipping Company S.A. sector liabilities equals the average of Filing Party: Wayne R. Rohde, Esq.; the year-end financial sector liabilities Notice is hereby given that the Federal figure (as of December 31) of each of the Cozen O’Conner; 1200 19th Street NW.; Deposit Insurance Corporation (‘‘FDIC’’) preceding two calendar years. Washington, DC 20036. as Receiver for Bank of Shorewood, Synopsis: The amendment revises the FOR FURTHER INFORMATION CONTACT: Shorewood, Illinois (‘‘the Receiver’’) amount of space to be chartered under Sean Healey, Supervisory Financial intends to terminate its receivership for Analyst, (202) 912–4611; Matthew the agreement. said institution. The FDIC was Suntag, Senior Attorney, (202) 452– appointed receiver of Bank of Agreement No.: 012424. Title: CMA CGM/APL Slot Exchange 3694; for persons who are deaf or hard Shorewood on August 5, 2011. The of hearing, TTY (202) 263–4869. liquidation of the receivership assets Agreement. has been completed. To the extent Parties: CMA CGM, S.A.; APL Co. Pte Aggregate Financial Sector Liabilities permitted by available funds and in Ltd; and American President Lines, Ltd. Aggregate financial sector liabilities is accordance with law, the Receiver will Filing Party: Draughn B. Arbona, Esq; equal to $21,786,571,865,000.2 This be making a final dividend payment to CMA CGM (America) LLC; 5701 Lake measure is in effect from July 1, 2016 proven creditors. Wright Drive; Norfolk, VA 23502. through June 30, 2017. Based upon the foregoing, the Synopsis: The agreement authorizes Receiver has determined that the the parties to exchange slots in the trade Calculation Methodology continued existence of the receivership between the U.S. East Coast on the one Aggregate financial sector liabilities will serve no useful purpose. hand, and Italy, Egypt, United Arab equals the average of the year-end Consequently, notice is given that the Emirates, Sri Lanka, Singapore, financial sector liabilities figure (as of receivership shall be terminated, to be Thailand, China, Hong Kong, Vietnam, December 31) of each of the preceding effective no sooner than thirty days after Malaysia and Canada on the other hand. two calendar years. The year-end the date of this Notice. If any person By Order of the Federal Maritime financial sector liabilities figure equals wishes to comment concerning the Commission. the sum of the total consolidated termination of the receivership, such Dated: July 8, 2016. liabilities of all top-tier U.S. financial comment must be made in writing and Karen V. Gregory, companies and the U.S. liabilities of all sent within thirty days of the date of Secretary. top-tier foreign financial companies, this Notice to: Federal Deposit [FR Doc. 2016–16570 Filed 7–12–16; 8:45 am] calculated using the applicable Insurance Corporation, Division of methodology for each financial BILLING CODE 6731–AA–P Resolutions and Receiverships, company, as set forth in Regulation XX Attention: Receivership Oversight and summarized below. Department 34.6, 1601 Bryan Street, Consolidated liabilities of a U.S. Dallas, TX 75201. FEDERAL RESERVE SYSTEM financial company that was subject to No comments concerning the [Docket No. OP–1542] consolidated risk-based capital rules as termination of this receivership will be of December 31 of the year being considered which are not sent within Announcement of Financial Sector measured, equal the difference between this time frame. Liabilities its risk-weighted assets (as adjusted upward to reflect amounts that are Dated: July 7, 2016. Section 622 of the Dodd-Frank Wall deducted from regulatory capital Federal Deposit Insurance Corporation. Street Reform and Consumer Protection elements pursuant to the Federal Robert E. Feldman, Act, implemented by the Board’s banking agencies’ risk-based capital Executive Secretary. Regulation XX, prohibits a merger or rules) and total regulatory capital, as [FR Doc. 2016–16456 Filed 7–12–16; 8:45 am] acquisition that would result in a calculated under the applicable risk- BILLING CODE 6714–01–P financial company that controls more based capital rules. For the year ending than 10 percent of the aggregate on December 31, 2015, companies in consolidated liabilities of all financial this category include (with certain companies (‘‘aggregate financial sector exceptions listed below) bank holding FEDERAL MARITIME COMMISSION liabilities’’). Specifically, an insured companies, savings and loan holding depository institution, a bank holding companies, and insured depository Notice of Agreements Filed company, a savings and loan holding institutions. The Federal Reserve used The Commission hereby gives notice company, a foreign banking information collected on the of the filing of the following agreements organization, any other company that Consolidated Financial Statements for under the Shipping Act of 1984. controls an insured depository Holding Companies (FR Y–9C) and the Interested parties may submit comments institution, and a nonbank financial Bank Consolidated Reports of Condition on the agreements to the Secretary, company designated by the Financial and Income (Call Report) to calculate jstallworth on DSK7TPTVN1PROD with NOTICES Federal Maritime Commission, Stability Oversight Council (each, a liabilities of these institutions. Washington, DC 20573, within twelve ‘‘financial company’’) is prohibited from days of the date this notice appears in merging or consolidating with, 1 12 U.S.C. 1852(a)(2), (b). 2 This number reflects the average of the financial the Federal Register. Copies of the acquiring all or substantially all of the sector liabilities figure for the year ending agreements are available through the assets of, or acquiring control of, December 31, 2014 ($21,632,232,035,000) and the Commission’s Web site (www.fmc.gov) another company if the resulting year ending December 31, 2015 or by contacting the Office of company’s consolidated liabilities ($21,940,911,695,000). VerDate Sep<11>2014 15:08 Jul 12, 2016 Jkt 238001 PO 00000 Frm 00015 Fmt 4703 Sfmt 4703 E:\FR\FM\13JYN1.SGM 13JYN1


Document Created: 2016-07-13 01:44:14
Document Modified: 2016-07-13 01:44:14
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 45288 
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