Tussle between HMM and Samsung escalates
SEOUL : The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with
Gram Car Carriers agrees to $700 Million acquisition by MSC subsidiary
GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC
FMC dismisses MSRF’s complaint against HMM
PHILADELPHIA : The US Federal Maritime Commission (FMC) has thrown out US gourmet food producer MSRF’s complaint against South Korean liner operator HMM. In June 2022, MSRF complained against HMM
FMC in tussle with MSC over $1,000 surcharge
WASHINGTON, D. C. : The Ocean Shipping Reform Act of 2022 (OSRA 2022) broke new ground, in creating mechanisms for cargo interests to challenge charges initiated by carriers
MOL is the First Japanese Company to Join First Movers Coalition’s Shipping Sector- Toward the Dec
TOKYO : Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalition (FMC) during the World Economic Forum Annual Meeting which was
FMC raises concerns over Ports America acquisition
Federal Maritime Commissioners Carl W. Bentzel and Louis E. Sola have written a letter to United States Secretary of the Treasury Janet Yellen expressing concern with the potential investment proposed
US, China, Europe grapple with container shipping bottlenecks
The world’s largest regulatory agencies overseeing international container trades met remotely to discuss rampant supply chain disruptions as carriers and their customers brace for more turmoil during the
International regulators meet to discuss shipping competition issues
The fifth biennial meeting of the Global Regulatory Summit consisted of representatives from Federal Maritime Commission (FMC), the European Union and the Republic of China, has been held
FMC Commissioner ‘Troubled’ by reports of Ocean Carriers refusing Hazardous Import Cargoes
WASHINGTON : The Federal Maritime Commission (FMC) in the United States has been alerted to reports that ocean carriers are refusing import cargoes of hazardous materials, to the
MSC rejects MCS Industries allegations
GENEVA : Mediterranean Shipping Company (MSC) has announced it is “shocked” to learn of the accusations made and the complaint filed by MCS Industries with the Federal Maritime Commission. MSC said