News / Shipper accuses Yang Ming and HMM of collusion and profiteering

Photo: HMM

An Illinois shipper is suing Taiwanese operator Yang Ming and South Korean carrier HMM, claiming they benefited from failing to meet contractual obligations and colluding to benefit from the breach of contracts.

The claim alleges that the two carriers have benefited so far by around $2.2m, with the amount still accruing as the lines continue to gain from what shipper MSRF Inc considers illegal practices.

It amounts to a refutation of the US Federal Maritime Commission’s two-year Fact Finding 29 investigation, by commissioner ...