FMC rejects claims it is using new container rule to regulate prices

Capt. John

WASHINGTON — The Federal Maritime Commission has rejected arguments that it is trying to regulate rates in issuing a new rule largely prohibiting ocean carriers from refusing to provide vessel space for their customers’ containers.

The final rule, which also addresses instances in which carriers unreasonably refuse to deal or negotiate contract provisions with their customers regarding container vessel space, was required under the Ocean Shipping Reform Act of 2022. It goes into effect Sept. 23.

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https://www.freightwaves.com/news/fmc-rejects-claims-it-is-using-new-container-rule-to-regulate-prices

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