US furniture manufacturer MCS Industries, which had filed a complaint to the Federal Maritime Commission (FMC) alleging that Chinese state-owned shipping group COSCO Shipping Lines and Swiss-Italian liner operator MSC breached their shipping service agreements, has settled its dispute with COSCO.
The complaint was lodged on 28 July and related to the provision of Trans-Pacific shipping services, for which MCS said it had long-term shipping contracts with COSCO, MSC and their peers. MCS accused...
https://container-news.com/mcs-resolves-fmc-dispute-with-cosco-complaint-against-msc-pending/