82_FR_6563 82 FR 6551 - Notice of Agreements Filed

82 FR 6551 - Notice of Agreements Filed

FEDERAL MARITIME COMMISSION

Federal Register Volume 82, Issue 12 (January 19, 2017)

Page Range6551-6551
FR Document2017-01242

Federal Register, Volume 82 Issue 12 (Thursday, January 19, 2017)
[Federal Register Volume 82, Number 12 (Thursday, January 19, 2017)]
[Notices]
[Page 6551]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01242]


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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.: 012181-001.
    Title: HLAG/HSDG Latin America Slot Exchange Agreement.
    Parties: Hapag-Lloyd AG and Hamburg Sud.
    Filing Party: Wayne R. Rohde, Esquire; Cozen O'Connor; 1200 19th 
Street NW., Washington, DC 20036.
    Synopsis: The amendment increases the amount of space to be 
exchanged, provides for limited, defined flexibility in the amount of 
space to be exchanged going forward, and eliminates restrictions on the 
movement of cargo to/from certain locations.

    Agreement No.: 012454.
    Title: MOL/NMCC/WLS/SCC Space Charter Agreement.
    Parties: Mitsui O.S.K. Lines, Ltd., Nissan Motor Car Carrier Co., 
Ltd., and World Logistics Service (U.S.A.), Inc. (collectively 
``MOL''); and Siem Car Carriers A/S.
    Filing Party: Eric C. Jeffrey, Esq.; Nixon Peabody; 799 9th Street 
NW., Suite 500, Washington, DC 20001.
    Synopsis: The agreement authorizes the parties to charter space to 
one another on an as needed, as available, basis for the carriage of 
vehicles and other Ro-Ro cargo in the trades between the United States 
and all foreign countries.

    By Order of the Federal Maritime Commission.

    Dated: January 13, 2017.
Rachel E. Dickon,
Assistant Secretary.
[FR Doc. 2017-01242 Filed 1-18-17; 8:45 am]
 BILLING CODE P



                                                                                 Federal Register / Vol. 82, No. 12 / Thursday, January 19, 2017 / Notices                                                  6551

                                                  PERSON TO CONTACT FOR INFORMATION:                        cap.2 The Bank Act was amended in                      FEDERAL MARITIME COMMISSION
                                                  Judith Ingram, Press Officer, Telephone:                  2008 to set the statutory cap at $1
                                                  (202) 694–1220.                                           billion and to require FHFA to adjust                  Notice of Agreements Filed
                                                                                                            the cap annually to reflect the
                                                  Dayna C. Brown,                                                                                                    The Commission hereby gives notice
                                                                                                            percentage increase in the CPI–U, as
                                                  Acting Secretary and Clerk of the                                                                                of the filing of the following agreements
                                                                                                            published by the DOL.3 For 2016, FHFA
                                                  Commission.                                                                                                      under the Shipping Act of 1984.
                                                                                                            set the CFI asset cap at $1,128,000,000,               Interested parties may submit comments
                                                  [FR Doc. 2017–01428 Filed 1–17–17; 4:15 pm]
                                                                                                            which reflected a 0.5 percent increase                 on the agreements to the Secretary,
                                                  BILLING CODE 6715–01–P
                                                                                                            over 2015, based upon the increase in                  Federal Maritime Commission,
                                                                                                            the CPI–U between 2014 and 2015.4                      Washington, DC 20573, within twelve
                                                  FEDERAL HOUSING FINANCE                                   II. The CFI Asset Cap for 2017                         days of the date this notice appears in
                                                  AGENCY                                                                                                           the Federal Register. Copies of the
                                                                                                              As of January 1, 2017, FHFA has                      agreements are available through the
                                                  [No. 2017–N–02]                                           increased the CFI asset cap to                         Commission’s Web site (www.fmc.gov)
                                                                                                            $1,148,000,000, which reflects a 1.7                   or by contacting the Office of
                                                  Notice of Annual Adjustment of the                        percent increase in the unadjusted CPI–                Agreements at (202)-523–5793 or
                                                  Cap on Average Total Assets That                          U from November 2015 to November                       tradeanalysis@fmc.gov.
                                                  Defines Community Financial                               2016. Consistent with the practice of                    Agreement No.: 012181–001.
                                                  Institutions                                              other Federal agencies, FHFA bases the                   Title: HLAG/HSDG Latin America
                                                                                                            annual adjustment to the CFI asset cap                 Slot Exchange Agreement.
                                                  AGENCY: Federal Housing Finance
                                                                                                            on the percentage increase in the CPI–                   Parties: Hapag-Lloyd AG and
                                                  Agency.
                                                                                                            U from November of the year prior to                   Hamburg Sud.
                                                  ACTION: Notice.                                           the preceding calendar year to                           Filing Party: Wayne R. Rohde,
                                                  SUMMARY:   The Federal Housing Finance                    November of the preceding calendar                     Esquire; Cozen O’Connor; 1200 19th
                                                  Agency (FHFA) has adjusted the cap on                     year, because the November figures                     Street NW., Washington, DC 20036.
                                                  average total assets that is used in                      represent the most recent available data                 Synopsis: The amendment increases
                                                  determining whether a Federal Home                        as of January 1st of the current calendar              the amount of space to be exchanged,
                                                  Loan Bank (Bank) member qualifies as                      year. The new CFI asset cap was                        provides for limited, defined flexibility
                                                  a ‘‘community financial institution’’                     obtained by applying the percentage                    in the amount of space to be exchanged
                                                  (CFI) to $1,148,000,000, based on the                     increase in the CPI–U to the unrounded                 going forward, and eliminates
                                                  annual percentage increase in the                         amount for the preceding year and                      restrictions on the movement of cargo
                                                  Consumer Price Index for all urban                        rounding to the nearest million, as has                to/from certain locations.
                                                  consumers (CPI–U), as published by the                    been FHFA’s practice for all previous
                                                                                                                                                                     Agreement No.: 012454.
                                                  Department of Labor (DOL). These                          adjustments.
                                                                                                                                                                     Title: MOL/NMCC/WLS/SCC Space
                                                  changes took effect on January 1, 2017.                     In calculating the CFI asset cap, FHFA               Charter Agreement.
                                                  FOR FURTHER INFORMATION CONTACT:                          uses CPI–U data that have not been                       Parties: Mitsui O.S.K. Lines, Ltd.,
                                                  Kaitlin Hildner, Division of Federal                      seasonally adjusted (i.e., the data have               Nissan Motor Car Carrier Co., Ltd., and
                                                  Home Loan Bank Regulation, (202) 649–                     not been adjusted to remove the                        World Logistics Service (U.S.A.), Inc.
                                                  3329, Kaitlin.Hildner@fhfa.gov; or Eric                   estimated effect of price changes that                 (collectively ‘‘MOL’’); and Siem Car
                                                  M. Raudenbush, Associate General                          normally occur at the same time and in                 Carriers A/S.
                                                  Counsel, (202) 649–3084,                                  about the same magnitude every year).                    Filing Party: Eric C. Jeffrey, Esq.;
                                                  Eric.Raudenbush@fhfa.gov, (not toll-free                  The DOL encourages use of unadjusted                   Nixon Peabody; 799 9th Street NW.,
                                                  numbers), Federal Housing Finance                         CPI–U data in applying ‘‘escalation’’                  Suite 500, Washington, DC 20001.
                                                  Agency, Constitution Center, 400                          provisions such as that governing the                    Synopsis: The agreement authorizes
                                                  Seventh Street SW., Washington, DC                        CFI asset cap, because the factors that                the parties to charter space to one
                                                  20219.                                                    are used to seasonally adjust the data                 another on an as needed, as available,
                                                                                                            are amended annually, and seasonally                   basis for the carriage of vehicles and
                                                  SUPPLEMENTARY INFORMATION:                                adjusted data that are published earlier               other Ro-Ro cargo in the trades between
                                                  I. Statutory and Regulatory Background                    are subject to revision for up to five                 the United States and all foreign
                                                                                                            years following their original release.                countries.
                                                    The Federal Home Loan Bank Act                          Unadjusted data are not routinely
                                                  (Bank Act) confers upon insured                           subject to revision, and previously
                                                                                                                                                                     By Order of the Federal Maritime
                                                  depository institutions that meet the                                                                            Commission.
                                                                                                            published unadjusted data are only
                                                  statutory definition of a CFI certain                     corrected when significant calculation
                                                                                                                                                                     Dated: January 13, 2017.
                                                  advantages over non-CFI insured                           errors are discovered.                                 Rachel E. Dickon,
                                                  depository institutions in qualifying for                                                                        Assistant Secretary.
                                                  Bank membership, and in the purposes                        Dated: January 11, 2017.
                                                                                                                                                                   [FR Doc. 2017–01242 Filed 1–18–17; 8:45 am]
                                                  for which they may receive long-term                      Fred Graham,                                           BILLING CODE P
                                                  advances and the collateral they may                      Deputy Director, Division of Federal Home
                                                  pledge to secure advances.1 Section                       Loan Bank Regulation, Federal Housing
                                                  2(10)(A) of the Bank Act and § 1263.1 of
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                            Finance Agency.
                                                  FHFA’s regulations define a CFI as any                                                                           FEDERAL RESERVE SYSTEM
                                                                                                            [FR Doc. 2017–01104 Filed 1–18–17; 8:45 am]
                                                  Bank member the deposits of which are                     BILLING CODE 8070–01–P                                 Formations of, Acquisitions by, and
                                                  insured by the Federal Deposit                                                                                   Mergers of Bank Holding Companies
                                                  Insurance Corporation and that has                          2 See 12 U.S.C. 1422(10)(A); 12 CFR 1263.1.
                                                  average total assets below the statutory                    3 See 12 U.S.C. 1422(10)(B); 12 CFR 1263.1             The companies listed in this notice
                                                                                                            (defining the term CFI asset cap).                     have applied to the Board for approval,
                                                    1 See   12 U.S.C. 1424(a), 1430(a).                       4 See 81 FR 9196 (Feb. 24, 2016).                    pursuant to the Bank Holding Company


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Document Created: 2018-02-01 15:15:44
Document Modified: 2018-02-01 15:15:44
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 Citation82 FR 6551 

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