FMC Recovers $1.2 Million Related to Alleged Shipping Act Violations
Eight shipping companies agreed to pay the Federal Maritime Commission about $1.2 million in civil penalties related to the agency's investigations into violations of federal shipping laws, said the FMC in a press release (here). The companies, United Arab Shipping,…
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City Ocean Logistics, City Ocean International, CTC International, Oriental Logistics, Hyundai Logistics, Falcon Maritime and Sea Gate Logistics, settled with the FMC without admitting they violated the law or FMC regulations, said the agency. United Arab Shipping agreed to pay the largest penalty, $537,000 related to allegations that it unlawfully rebated "a portion of the applicable service contract rate in the form of an administrative fee not identified in the service contract, and for which no services were provided," said the FMC.