WSJ: Shipping tycoons discuss separating Panama ports from Hutchison deal
WSJ reports: The billionaires behind the MSC shipping empire are discussing carving out two Panama ports ...
MSC may face charges relating to alleged violations of the US Shipping Act following an Federal Maritime Commission (FMC) probe into claims it billed more than $2m of extra demurrage and detention (D&D) charges.
The investigation follows an FMC audit of MSC’s D&D charges in 2021, with claims the carrier was issuing the same daily rate for both operating and non-operating reefers (NORs), despite it claiming, via its US agent, this was not the case.
The commission filing notes: “Upon information and ...
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