FMC meets with Shanghai Shipping Exchange officials

Productive discussions The Federal Maritime Commission on Tuesday began meetings with officials from the Shanghai Shipping Exchange. 

The FMC and the exchange also met briefly with COSCO Americas officials at the end of the first day of the meetings. Shippers and NVOs have expressed confidentiality concerns to the FMC over the exchange’s requirement to file shippers’ names when filing service contract rates. In the United States, this information is kept confidential by the FMC.