The Loading Party definition
The Loading Party means the Party on whose vessels (owned and/or operated) the containers are loaded.
The Loading Party means the Party on whose vessels (owned and/or operated) the containers are loaded. On SEA service, Parties agree that COSCO SHIPPING is considered to be the Loading Party towards CMA CGM of all vessels employed in the service, as COSCO SHIPPING jointly operates this service with PIL and WHL under FMC No. 201248-001 On PRX service, Parties agree that CMA CGM is considered to be the Loading Party towards COSCO SHIPPING of all vessels employed in the service.