User ID
Password

 

 

MSC faces USD 63 M fine over unfair billing ges
Source
American Shipper
Post Date
04/18/2024

The Mediterranean Shipping Company (MSC) is facing a potential fine of USD 63 M following a Federal Maritime Commission (FMC) investigation into violations by the company of the US Shipping Act.

The FMC? investigation found 18 alleged breaches of the Act resulting from MSC? use of a ?erchant clause?to bill third parties, as well as more than 3,000 contraventions related to non-operating refrigerated containers.

The FMC launched its probe in August 2023 following several complaints from customers which related to ges dating back to 2017. The report covered issues such as third-party billing for companies that might not have been directly a part of the bill of lading, tariffs and fees for non-operating reefers, and the publication of - and adherence to - rates.

The FMC is seeking civil penalties of at least USD 63,256,853. The report also recommed the issuance of a cease and desist order. The report has now been filed with the administrative law judge at the FMC. MSC has not yet responded but is expected to appeal the findings.


Title
Source
Post Date
Visit
Fact Sheet: President Donald J. Trump Strikes Deal on.. American Shipper 11/01/2025
55
Trade Fraud Indictment Comes Amid Heightened Enforcem.. American Shipper 10/28/2025
98
Trump threatens massive tariffs on China, triggering .. American Shipper 10/20/2025
190
Why soaring gold prices could be a warning sign for t.. American Shipper 10/20/2025
194
The IRS upped capital gains brackets: How much you ca.. American Shipper 10/20/2025
184
Surprise move by China carriers ahead of U.S. port fe.. American Shipper 10/17/2025
208
Hede Shipping cancels four Transpacific sailings ex H.. American Shipper 10/17/2025
170
What to know about traveling during the government sh.. American Shipper 10/17/2025
147
Gold prices keep rising, and jewelry companies are so.. American Shipper 10/17/2025
144
Court Overturns Part of FMC Rule Reforming Shipping P.. American Shipper 10/14/2025
162
Page : 1   2   3   4   5        [Next 5 Page]  Last Page : 84 ( 1 of 84  Total Pages )

 

 

 

Brilliant Group Logistics INC.
159 N. Central Ave. Valley stream, NY 11580
Tel : (516) 599-2406 Fax : (516) 599-0528