58086 Federal Register / Vol. 65, No. 188 / Wednesday, September 27, 2000 / Notices

Title: The TransAtlantic Bridge

Agreement.

Parties:

The COSCO/KL TransAtlantic Vessel

Sharing Agreement (FMC

Agreement No. 011561)

The KL/YM TransAtlantic Vessel

Sharing Agreement (FMC

Agreement No. 011562)

Synopsis: The proposed amendment

would extend the term of the

Agreement through October 31, 2001.

Agreement No.: 011561–002.

Title: The COSCO/KL TransAtlantic

Vessel Sharing Agreement.

Parties:

China Ocean Shipping (Group)

Company

Kawasaki Kisen Kaisha, Ltd.

Synopsis: The proposed amendment

would extend the term of the

Agreement through October 31, 2001.

Agreement No.: 011562–003.

Title: The KL/YM TransAtlantic Vessel

Sharing Agreement.

Parties:

Kawasaki Kisen Kaisha, Ltd.

Yang Ming Transportation

Corporation.

Synopsis: The proposed amendment

would extend the term of the

Agreement through October 31, 2001.

Agreement No.: 011724.

Title: Maersk Sealand/CMA–CGM

Pacific Slot Charter Agreement.

Parties:

A.P. Moller-Maersk Sealand (‘‘MSL’’)

CMA–CGM S.A. (‘‘CMA–CGM’’).

Synopsis: The proposed agreement

authorizes MSL to charter space on its

vessels to CMA–CGM in the trade

between Long Beach, California and

ports in China, Taiwan, and South

Korea. The agreement will expire on

May 1, 2001, unless earlier

terminated.

Agreement No.: 201107.

Title: Cooper/T. Smith Stevedoring

Company, Inc., Stevedoring Services

of America, Inc. and CSA Equipment

Company, LLC, Joint Terminal

Services Agreement.

Parties:

Cooper/T. Smith Stevedoring

Company, Inc.

Stevedoring Services of America, Inc.

CSA Equipment Company, LLC.

Synopsis: The agreement provides for

the establishment of a joint venture

that will provide terminal services at

state docks in Alabama. The

agreement will remain in effect until

terminated by the parties.

By Order of the Federal Maritime

Commission.

Dated: September 22, 2000.

Bryant VanBrakle,

Secretary.

[FR Doc. 00–24809 Filed 9–26–00; 8:45 am]

BILLING CODE 6730–01–P

FEDERAL MARITIME COMMISSION

Controlled Carriers Under the Shipping

Act of 1984

AGENCY: Federal Maritime Commission.

ACTION: Notice.

SUMMARY: The Federal Maritime

Commission is publishing an updated

list of controlled carriers, i.e., ocean

common carriers operating in U.S.-

foreign trades that are owned or

controlled by foreign governments. Such

carriers are subject to special regulatory

oversight by the Commission under the

Shipping Act of 1984.

FOR FURTHER INFORMATION CONTACT:

Thomas Panebianco, General Counsel,

Federal Maritime Commission, 800

North Capitol Street, N.W., Washington,

D.C. 20573, (202) 523–5740.

SUPPLEMENTARY INFORMATION: The

Federal Maritime Commission is

publishing an updated list of controlled

carriers. Section 3(8) of the Shipping

Act of 1984, 46 U.S.C. app. 1702(3),

defines a ‘‘controlled carrier’’ as:

an ocean common carrier that is, or whose

operating assets are, directly or indirectly,

owned or controlled by a government;

ownership or control by a government shall

be deemed to exist with respect to any carrier

if—

(A) a majority portion of the interest in the

carrier is owned or controlled in any manner

by that government, by any agency thereof,

or by any public or private person controlled

by that government; or

(B) that government has the right to

appoint or disapprove the appointment of a

majority of the directors, the chief operating

officer, or the chief executive officer of the

carrier.

Under the Shipping Act, controlled

carriers are subject to special oversight

by the Commission. Section 9(a) of the

Act, 46 U.S.C. app. 1708(a), states, in

part:

No controlled carrier subject to this section

may maintain rates or charges in its tariffs or

service contracts, or charge or assess rates,

that are below a level that is just and

reasonable, nor may any such carrier

establish, maintain, or enforce unjust or

unreasonable classifications, rules, or

regulations in those tariffs or service

contracts. An unjust or unreasonable

classification, rule, or regulation means one

that results or is likely to result in the

carriage or handling of cargo at rates or

charges that are below a just and reasonable

level. The Commission may, at any time after

notice and hearing, prohibit the publication

or use of any rates, charges, classifications,

rules, or regulations that the controlled

carrier has failed to demonstrate to be just

and reasonable.

Congress enacted these protections to

ensure that controlled carriers, whose

marketplace decisionmaking can be

influenced by foreign governmental

priorities or by their access to nonmarket sources of capital, do not engage

in unreasonable below-market pricing

practices which could disrupt trade or

harm privately-owned shipping

companies.

The controlled carrier list is not a

comprehensive list of foreign-owned or

-controlled ships or shipowners; rather,

it is only a list of ocean common carriers

(as defined in section 3(16) of the

Shipping Act) that are owned or

controlled by governments. Thus, tramp

operators and other non-common

carriers are not included, regardless of

their ownership status.

A number of carriers have been

deleted from the list since its last

republication in August 1994 (59 FR

44988), because they have ceased

operating as an ocean common carrier in

the U.S. trades or have gone out of

existence altogether. In addition, some

of the deleted carriers have been

privatized and are no longer

government-owned or -controlled.

Recent additions to the list are China

Shipping Container Lines Co. Ltd. and

China National Foreign Trade

Transportation (Group) Corp.

(SINOTRANS).

Any new controlled carriers in U.S.

trades are required to notify the

Commission of their status in

accordance with 46 CFR 565.4. It is

requested that any other information

regarding possible omissions or

inaccuracies in this list be provided to

the Commission’s Office of the General

Counsel. The amended list is set forth

below:

(1) Black Sea Shipping Company—

Ukraine

(2) Ceylon Shipping Corporation—Sri

Lanka

(3) China National Foreign Trade

Transportation (Group) Corp.

(SINOTRANS)—People’s Republic of

China

(4) China Ocean Shipping Company—

People’s Republic of China

(5) China Shipping Container Lines Co.

Ltd.—People’s Republic of China

(6) Compagnie Nationale Algerienne de

Navigation—Algeria

(7) Egyptian National Line—Egypt

(8) International Transport Enterprise

Co. (GETDD) Ltd.—People’s Republic

of China

(9) Pakistan National Shipping

Corporation—Pakistan

Federal Register / Vol. 65, No. 188 / Wednesday, September 27, 2000 / Notices 58087

(10) POL-America, Inc.—Poland

(11) Polish Ocean Lines—Poland

(12) Shipping Corporation of India—

India

(13) Tientsin Marine Shipping

Company—People’s Republic of

China.

Theodore A. Zook,

Assistant Secretary.

[FR Doc. 00–24808 Filed 9–26–00; 8:45 am]

BILLING CODE 6730–01–P

FEDERAL MARITIME COMMISSION

Ocean Transportation Intermediary

License Applicant

Notice is hereby given that the

following applicants have filed with the

Federal Maritime Commission an

application for licenses as Non-Vessel

Operating Common Carrier and Ocean

Freight Forwarder—Ocean

Transportation Intermediary pursuant to

section 19 of the Shipping Act of 1984

as amended (46 U.S.C. app. 1718 and 46

CFR 515).

Persons knowing of any reason why

the following applicants should not

receive a license are requested to

contact the Office of Transportation

Intermediaries, Federal Maritime

Commission, Washington, D.C. 20573.

Non-Vessel Operating Common

Carrier Ocean Transportation

Intermediary Applicants:

LRI Express, Inc., 343 N. Wood Dale

Road, Suite 201, Wood Dale, IL 60191;

Officers: Frederick G. Frantz, Jr.,

President, Paul S. Jarzombek,

Secretary (Qualifying Individual)

Autico International L.L.C., 1139 East

Jersey Street, Suite 513, Elizabeth, NJ

07201; Officer: Jochen Auffhammer,

Member, Bernard A. Russell, Vice

President (Qualifying Individual)

Global Network Financial Services, Inc.,

d/b/a Global Network, 1237 NW 93

Court, Miami, FL 33178; Officers:

Miguel Camacho, President,

Marianella Camacho, Vice President

(Qualifying Individual)

Non-Vessel Operating Common

Carrier and Ocean Freight Forwarder

Transportation Intermediary Applicants:

South Beach Maritime Company, 8626

NW 55 Place, Coral Springs, FL

33067; Officer: Pierre Larenas,

President (Qualifying Individual)

Protrans International, Inc., 117 West

Main Street, Plainfield, IN 46168;

Officers: Craig G. Roeder, President,

Marino J. Diaz, Director of Sales

(Qualifying Individual)

Seaspace International Forwarders USA

Inc., 328 Littlefield Avenue, South

San Francisco, CA 94080; Officers:

Mike Smith, President, Kevin Beehn,

Vice President (Qualifying Individual)

Dated: September 22, 2000.

Bryant L. VanBrakle,

Secretary.

[FR Doc. 00–24810 Filed 9–26–00; 8:45 am]

BILLING CODE 6730–01–P

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act

(12 U.S.C. 1843). Unless otherwise

noted, nonbanking activities will be

conducted throughout the United States.

Additional information on all bank

holding companies may be obtained

from the National Information Center

website at www.ffiec.gov/nic/.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than October 23,

2000.

A. Federal Reserve Bank of Chicago

(Phillip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690–1414:

1. Northwest Financial Corp.,

Spencer, Iowa; to acquire 100 percent of

the voting shares of Plymouth

Bancorporation, Inc., Le Mars, Iowa, and

thereby indirectly acquire voting shares

of First National Bank, Sioux City, Iowa.

2. Plymouth Financial Corporation,

Plymouth, Michigan; to become a bank

holding company by acquiring 100

percent of the voting shares of New

Liberty Bank, Plymouth, Michigan.

B. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198–0001:

1. BOK Financial Corporation, Tulsa,

Oklahoma; to acquire 100 percent of the

voting shares of CNBT Bancshares, Inc.,

Bellaire, Texas, and thereby indirectly

acquire CNBT Bancshares (Delaware),

Inc., Wilmington, Delaware, and

Citizens National Bank of Texas,

Bellaire, Texas.

Board of Governors of the Federal Reserve

System, September 22, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–24824 Filed 9–26–00; 8:45 am]

BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Board of

Governors of the Federal Reserve

System.

TIME AND DATE: 12:00 noon, Monday,

October 2, 2000.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, 20th and C

Streets, NW., Washington, DC 20551.

STATUS: Closed.

MATTERS TO BE CONSIDERED:

1. Personnel actions (appointments,

promotions, assignments,

reassignments, and salary actions)

involving individual Federal Reserve

System employees.

2. Any matters carried forward from a

previously announced meeting.

CONTACT PERSON FOR MORE INFORMATION:

Lynn S. Fox, Assistant to the Board;

202–452–3204.

SUPPLEMENTARY INFORMATION: You may

call 202–452–3206 beginning at

approximately 5 p.m. two business days

before the meeting for a recorded

announcement of bank and bank

holding company applications

scheduled for the meeting; or you may

contact the Board’s Web site at http://

www.federalreserve.gov for an

electronic announcement that not only

lists applications, but also indicates

procedural and other information about

the meeting.

Dated: September 22, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–24875 Filed 9–22–00; 4:50 pm]

BILLING CODE 6210–01–P