The Regulations are enacted pursuant to Paragraph 1 of Article 43 of the Shipping Act (hereinafter referred to as “the Law”).

Regarding the Chinese and English names of a company engaged in shipping agency business, the company whose sole business is a shipping agency shall clearly identify the name by the words “Shipping Agency” and the name need not to be changed if the company also conducts other business afterwards. Nevertheless, when the company operates other business as part-time, it shall not use any name identical to that of any company of vessel carriers or ocean freight forwarders.