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Samples in periodicals archive:
Enactment of the Ocean Shipping Reform Act of 1998 in the United States, together with dramatic changes in the economic condition and competitive structure of the liner container sector of the maritime industry and the advent of Internet-based transaction channels, poses new challenges and opportunities for non-vessel operating common carriers (NVOCC's) in their role as intermediaries in ocean freight markets.
Beijing has complained about pricing restrictions imposed on China Ocean Shipping Co (Cosco) under the Ocean Shipping Reform Act of 1998.
The new Ocean Shipping Reform Act of 1998 (OSRA), which takes effect May 1, 1999, encourages carriers and their customers to negotiate confidential service contracts.