• ITVI.USA
    12,510.570
    -28.180
    -0.2%
  • OTLT.USA
    2.857
    -0.021
    -0.7%
  • OTRI.USA
    8.520
    0.050
    0.6%
  • OTVI.USA
    12,556.130
    -24.190
    -0.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • WAIT.USA
    125.000
    6.000
    5%
  • ITVI.USA
    12,510.570
    -28.180
    -0.2%
  • OTLT.USA
    2.857
    -0.021
    -0.7%
  • OTRI.USA
    8.520
    0.050
    0.6%
  • OTVI.USA
    12,556.130
    -24.190
    -0.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • WAIT.USA
    125.000
    6.000
    5%
American Shipper

International Shipping Agency seeks reparations from Puerto Rico Ports Authority

International Shipping Agency seeks reparations from Puerto Rico Ports Authority

   The U.S. Federal Maritime Commission will review a complaint from the International Shipping Agency alleging that the Puerto Rico Ports Authority violated the 1984 Shipping Act by failing to operate in accordance with a terminal agreement.

   International Shipping Agency claims it has suffered “substantial economic damage” and injury of more than $50 million. The company seeks an order from the FMC directing the port authority to “cease and desist” from the alleged wrongdoing and make reparations.

   The FMC has turned the complaint over to its Office of Administrative Law Judges for review. The initial decision of the presiding officer in this proceeding will be issued by Jan. 5, 2005, and a final decision of the commission will be made by May 5, 2005, the agency said.