FMC to Collect $962,500 in Shipping Act Violation Settlements
The Federal Maritime Commission reached settlements totaling $962,500 in civil penalties with a non-vessel operating common carrier (NVOCC) and nine ocean transportation intermediaries, it said Dec. 15 (here). "The parties settled and agreed to penalties, but did not admit to…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
violations of the Shipping Act or Commission regulations," it said. Of that total, $300,000 in civil penalties will be assessed against Honour Lane Shipping Limited, Global Ocean Agency Lines, and World Express Shipping, Transportation and Forwarding Services over allegations of illegal collaboration between the three companies, it said. Also penalized were RS Logistics, Hundai Glovis, World Wild Container Transfer, U-Ocean USA, United Transport Tankcontainers and LF Logistics, the FMC said.