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WHAT IS A VESSEL SHARING AGREEMENT (VSA) IN SHIPPING..??
February 7, 2021February 15, 2011
Hariesh ManaadiarCategories Education, Shipping and Freight Tags container
ships, shipping, shipping education, shipping information, shipping knowledge,
vsa 6 Comments 1 minute
VSA stands for a Vessel Sharing Agreement..
A vessel sharing agreement is usually reached between various container shipping
lines who agree to operate a liner service along a specified route using a
specified number of vessels..
It is not necessary for each of the partners to have equal number of vessels..
The space that is available for loading and discharging at each of the ports of
call is shared between the partners..
The quantum of space that each partner gets may vary from port to port and could
depend on the number of vessels which are operated or placed by the different
partners within the agreement..
A vessel sharing agreement is slightly different to that of an alliance in that,
a vessel sharing agreement is usually dedicated to a certain trade route with
terms and conditions specific to that route, whereas an alliance is more global
in nature and could include many different trade routes usually under the same
terms..
*** End of Article ***
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August 24, 2016
In "Difference between"
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6 THOUGHTS ON “WHAT IS A VESSEL SHARING AGREEMENT (VSA) IN SHIPPING..??”
1. Htet Ko Zin
January 2, 2017 at 10:12 AM
Thanks a lot, sir
Reply
2. hassan
August 26, 2016 at 10:58 AM
Dear Mr Hariesh
vsa and slot charter . who organize it , the head office of liner or liner
agent in anywhere in the world ?
Thanks
Reply
3. Dang Bui Hai
March 25, 2014 at 4:27 PM
Dear Hariesh Manaadiar, i’ ve read this sentence “The space that is
available for loading and discharging at each of the ports of call is shared
between the partners.”, and i’m not sure i fully understand its meaning. Is
that mean, when 2 Line companies, which are partners signing VSA, have ships
going to a same port, at the same time, they will be equally treated in
terms of wharf area for mooring, facilities for production, etc??
Thank you for your reply!
Reply
* Hariesh Manaadiar
March 26, 2014 at 6:09 PM
Hello Dang, in a VSA, you will generally NOT get two vsls on the same
service calling the same port at the same time.. However, in some cases it
is possible due to vessel bunching and delays at a certain port.. If such
case happens, depending on the port, the berthing will be arranged..
4. navin
July 20, 2012 at 2:12 PM
Would appreciate more info on this topic:
1. is VSA same as Slot Charter?
2. how are the financial agreements between various entities operating under
a VSA?
3. How is a situation handled when any of the operators does not have
bookings equal to his slot share or has more bookings vis a vis his slot
share?
Reply
* Himanshu Bansal
September 16, 2015 at 7:51 AM
VSA is not same as Slot Charter. Slot Charter is when a shipping company
buys certain number of slots from a carrier. VSA is when carriers in a
consortium share their slots in the proportion of capacity contributed by
each one. When any of the consortium member wants more than its
contribution then it can go for additional slot buying.
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