U.S. Code > Appendix to Title 46 > CHAPTER 36—INTERNATIONAL OCEAN COMMERCE TRANSPORTATION (§§ 1701—1719) > § 1719. Contracts, agreements, and licenses under prior shipping legislation

§ 1719. Contracts, agreements, and licenses under prior shipping legislation

(a) to (c) Omitted
(d) Effects on certain agreements and contracts
All agreements, contracts, modifications, licenses, and exemptions previously issued, approved, or effective under the Shipping Act, 1916, or the Shipping Act of 1984, shall continue in force and effect as if issued or effective under this Act, as amended by the Ocean Shipping Reform Act of 1998, and all new agreements, contracts, and modifications to existing, pending, or new contracts or agreements shall be considered under this Act, as amended by the Ocean Shipping Reform Act of 1998.
(e) Savings provisions
(1) Each service contract entered into by a shipper and an ocean common carrier or conference before March 20, 1984, may remain in full force and effect and need not comply with the requirements of section 1707 (c) of this Appendix until 15 months after March 20, 1984.
(2) This Act and the amendments made by it shall not affect any suit—
(A) filed before March 20, 1984; or
(B) with respect to claims arising out of conduct engaged in before March 20, 1984, filed within 1 year after March 20, 1984.
(3) The Ocean Shipping Reform Act of 1998 shall not affect any suit—
(A) filed before the effective date of that Act; or
(B) with respect to claims arising out of conduct engaged in before the effective date of that Act filed within 1 year after the effective date of that Act.
(4) Regulations issued by the Federal Maritime Commission shall remain in force and effect where not inconsistent with this Act, as amended by the Ocean Shipping Reform Act of 1998.