Bilateral Liner Shipping Act of 1979

[AI summary unavailable — showing source text] Bilateral Liner Shipping Act of 1979 - Amends the Shipping Act, 1916, to allow United States-flag carriers to enter into reciprocal ocean transport agreements with other carriers which: (1) establish cargo revenue pools; (2) provide for rationalization of sailings and facilities among such carriers; (3) provide for the apportionment of earnings, losses, or revenues between carriers; or (4) establish equal access to liner cargoes. Stipulates that such agreements may be implemented 30 days after notice of such an agreement has been published in the Federal Register and shall remain in effect until terminated by the parties upon 45 days notice to the Federal Maritime Commission. Authorizes the Commission, upon complaint, to disapprove such an agreement if it is found to be discriminatory or under other specified circumstances. Sets forth arbitration proceedings where a United States-flag carrier has complained that it has been alloted or offered an unfair allotment of the United States portion of any pool among United States-flag carriers. Sets forth arbitration procedures for complaints regarding reciprocal ocean transportation agreements which implement intergovernmental agreements …