FMC monitoring war’s effect on ocean shipping rates
The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.
The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.
Mediterranean Shipping Company earned a substantial fine from the Federal Maritime Commission for three separate Shipping Act violations.
“We are pleased with this settlement as it creates a common understanding in close cooperation and coordination with the authority on the future handling of demurrage and detention charges in the U.S.,” Hapag-Lloyd said.
The U.S. Federal Maritime Commission’s Office of Administrative Law Judges is expected to announce an initial decision in this multibillion-dollar complaint against the ocean carriers by August 2021.
The American Trucking Associations’ Intermodal Motor Carriers Conference seeks to put an end to alleged price manipulation of container chassis usage between ocean carriers and draymen.
The U.S. Federal Maritime Commission has rolled out guidance on how the ocean shipping industry can collaboratively improve the flow of containers among ocean carriers, marine terminals, shippers and drayage truckers in San Pedro Bay during COVID-19 and beyond.
The World Shipping Council says exemption for ocean container carriers from publishing essential terms of their service contracts with the U.S. Federal Maritime Commission is a step in the right direction.
Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.
Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.
Service contract negotiations between container carriers and shippers are being disrupted by the COVID-19 pandemic, the U.S. Federal Maritime Commission says.
“Regulated entities remain obligated to comply with all filing requirements and deadlines,” the U.S Federal Maritime Commission said.
The U.S. Federal Maritime Commission is required by the 2015 Federal Civil Penalties Inflation Adjustment Improvements Act to annually adjust its civil penalty amounts in line with inflation.
The Federal Maritime Commission approves the ocean container carrier organization’s petition to eliminate publication of essential terms but retains the requirement to file the actual service contracts.