MSC faces financial penalty of over US$63 million relating to reefer overcharges

Mediterranean Shipping Company is facing a fine of at least US$63 million after the US Federal Maritime Commission (FMC) accused the world’s largest liner operator of contravening the Shipping Act.

The quantum of the penalty was disclosed after the FMC commenced investigations in August 2023, after several of MSC’s customers disputed a substantial amount of charges, including for detention and demurrage that they were asked to pay. These charges go as far back as 2017.

In documents served on MSC...

https://container-news.com/msc-faces-financial-penalty-of-over-us63-million-relating-to-reefer-overcharges/

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