News / Yang Ming settles US shipper's claim that carrier broke its contract

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Yang Ming has reached an out of court settlement with a shipper that claimed it was a victim of pandemic-era price manipulation.

The complaint was lodged with the US Federal Maritime Commission (FMC) by Delaware-based food shipper MSRF last August, alleging the Taiwanese carrier refused to provide the full capacity agreed in service contracts – “instead, forcing MSRF to buy space on the inflated spot market”.

It alleged: “[Yang Ming] refused to provide more than a ...