The Federal Maritime Commission yesterday approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG. It will see the ocean carrier pay a $2 million civil penalty to
As frustration with port delays and supply chain disruption grows, so does dissatisfaction with the nine carriers and three alliances that dominate the global container shipping market. Yesterday, the House of Representatives
By Grady S. Hurley, Jones Walker LLP The same July week that many banks reported a peak in growth and inflation with projected U.S. gross domestic product (GDP) growth of 6.5%, China
Federal Maritime Commission Chairman Daniel B. Maffei has lost little time in responding to President Biden’s “all of government” executive order aimed at enhancing competition. Among the many targets of the order
Should containership lines and ocean shipping alliances be getting hot and bothered by President Biden’s executive order aimed at increasing competition in U.S. economy? The only aspect of liner shipping specifically addressed
