US shipper seeks US$347 million compensation in MSC case

DK Butterfly-1 Inc. is looking to recoup costs and reparations for losses during the pandemic of up to US$347 million in a complaint filed with the Federal Maritime Commission (FMC) against MSC on 28 November.

The shipper, formerly known as Bed Bath and Beyond (BBBY) was forced to file for Chapter 11 bankruptcy protection in April this year as a result of MSC allegedly taking unfair advantage of the challenging market conditions to secure higher prices from its customers.

The complaint alleges...

https://container-news.com/us-shipper-seeks-us347-million-compensation-in-msc-case/

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