The Federal Maritime Commission created easier avenues for cargo owners to file complaints against ocean carriers for unreasonable demurrage and detention charges. Now, an ocean carrier, BAL, is using the complaint...
FMC DISPUTES
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RIPE FOR CONSOLIDATION
Ocean container shipping's unfavorable supply/ demand ratio, the continuing need to "go big or go home" and ever-declining freight rates are making the industry ripe for consolidation. China Shipping and COSCO have...