Daniel Maffei

Hapag-Lloyd will pay $2M to settle detention and demurrage case

Hapag-Lloyd said Thursday it was “pleased” with an agreement reached with the Federal Maritime Commission to pay the U.S. government a $2 million civil penalty to settle alleged Shipping Act violations related to its detention and demurrage practices. 

According to a settlement petition, the FMC’s Bureau of Enforcement (BOE) and Hapag-Lloyd came to agreement in mid-May, after an administrative law judge determined the ocean carrier was “in violation of 46 U.S.C. § 41102(c), assessed civil...

https://www.freightwaves.com/news/hapag-lloyd-will-pay-2m-to-settle-detention-and-demurrage-case

FMC pressuring ocean carriers to boost exports

The Federal Maritime Commission will consider taking regulatory action against ocean carriers that are not providing sufficient services to U.S. exporters and their overseas markets.

The FMC announced the stepped-up pressure on Monday as part of an expansion of the agency’s Vessel-Operating Common Carrier Audit Program, which the FMC launched last year to assess the market power of the nine largest container carriers operating in U.S. markets. 

The audit program will begin evaluating how shipping...

https://www.freightwaves.com/news/fmc-pressuring-ocean-carriers-to-boost-exports

New legislation would strip ocean carrier antitrust protections

Ocean carriers would no longer enjoy their limited antitrust immunity under new legislation aimed at curbing what some lawmakers and the Biden administration consider to be out-of-control market power.

The Ocean Shipping Antitrust Enforcement Act, introduced on Monday by Rep. Jim Costa, D-Calif., would amend U.S. shipping regulations by repealing section 40307 of Title 46 of the United States Code, which protects foreign carriers from certain antitrust laws.

“This bill is critical in leveling the...

https://www.freightwaves.com/news/new-legislation-would-strip-ocean-carrier-antitrust-protections

FMC considering PierPass overcharge investigation

The nation’s top international ocean shipping regulator wants to investigate whether West Coast terminal operators are taking advantage of supply chain disruptions by gouging shippers on rates charged for off-peak terminal gates.

Federal Maritime Commission Chairman Daniel Maffei on Friday said he will ask for a meeting of the full commission “as soon as practicable” to consider whether the agency should launch the probe of PierPass, a nonprofit company set up in 2005 by Los Angeles and Long...

https://www.freightwaves.com/news/fmc-considering-pierpass-investigation

FMC to study how data can speed container delivery

The Federal Maritime Commission will attempt to pinpoint how data can help speed the flow of containers through the supply chain in an initiative to be spearheaded by Commissioner Carl Bentzel.

The multi-phased effort, announced on Monday, “will propose recommendations for common data standards used by the international shipping supply chain, as well as access policies and protocols that would streamline information sharing across the ocean supply chain,” according to the FMC.

Initial findings...

https://www.freightwaves.com/news/fmc-to-study-how-data-can-speed-container-delivery

Amazon, Walmart to advise Washington on ocean freight policy

Some of the largest and most powerful companies in the U.S. will now have a say in shaping transportation policy in a public forum at the Federal Maritime Commission.

The FMC announced on Thursday the first 24 members to serve on its newly formed National Shipper Advisory Committee (NSAC), evenly divided between importers and exporters. Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), Target (NYSE: TGT) and Office Depot (NASDAQ: ODP) are some of the big-name online and retail companies representing...

https://www.freightwaves.com/news/amazon-walmart-to-advise-washington-on-ocean-freight-policy

US, China, Europe grapple with container shipping bottlenecks

The world’s largest regulatory agencies overseeing international container trades met remotely to discuss rampant supply chain disruptions as carriers and their customers brace for more turmoil during the fall peak shipping season.

The fifth biennial meeting of the Global Regulatory Summit, hosted on Tuesday by the European Commission, also included the U.S. Federal Maritime Commission and China’s Ministry of Transportation.

According to the FMC, the meeting focused on three areas:

  • Sectoral...

https://www.freightwaves.com/news/us-china-europe-grapple-with-container-shipping-bottlenecks

FMC probes ocean carrier congestion charges

The scope of the Federal Maritime Commission’s (FMC) scrutiny of ocean carrier behavior has broadened. In addition to its examination of detention and demurrage charges, it has has launched an expedited inquiry into the timing and legal sufficiency of ocean carrier practices with respect to congestion surcharges.

Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced.

BoE...

https://www.marinelog.com/shipping/fmc-probes-ocean-carrier-congestion-charges/

FMC’s Maffei says capacity demand won’t recede ‘until late 2022’

For logistics managers around the world, planning a budget for next year will be as easy as swimming in cement shoes. The inverted ratio for supply and demand is not expected to right itself anytime soon — and that means prices will continue to soar. 

Importers and exporters have expressed their concerns to the Biden administration, Congress and the Federal Maritime Commission. While optimism has increased after the executive order on supply chain competition and FMC Commissioner Rebecca Dye’s...

https://www.freightwaves.com/news/fmcs-maffei-says-capacity-demand-wont-recede-until-late-2022

FMC to assess whether container lines are abusing market power

The Federal Maritime Commission plans to audit nine of the largest container carriers operating in U.S. markets to find out if they are using their market power to overcharge shippers on detention and demurrage fees.

The Vessel-Operating Common Carrier Audit Program, launched on Monday by FMC Chairman Daniel Maffei, will also “provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services,” according to the agency.

The top nine carriers by market...

https://www.freightwaves.com/news/fmc-to-assess-whether-container-lines-are-abusing-market-power

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.