U.S. Federal Maritime Commission Warns Against Use of Unlicensed Shipping Companies

The U.S. Federal Maritime Commission has issued a warning to shippers about using unlicensed companies providing ocean shipping services following a number of complaints.   The new warning comes after FMC received questions and complaints about five companies shipping cargo and household goods primarly between the U.S. and Brazil. The five companies named are Fastway … [Read more...]

U.S. Federal Maritime Commission Applauds THE Alliance’s $50 Million Contingency Plan

By Gavin van Marle (The Loadstar) The US Federal Maritime Commission (FMC) yesterday approved THE Alliance’s plan for a $50m contingency fund in case one of its members becomes insolvent or suffers serious “financial distress”. Each of THE Alliance’s members – Hapag-Lloyd, MOL, NYK, K line and Yang Ming – are to contribute an initial $1m and a further $9m in “additional … [Read more...]

U.S. FMC Commissioner Slams Green Light for Joint Tug Booking by Foreign Ro-Ro Carriers

By Mike Wackett (The Loadstar) - The Federal Maritime Commission (FMC) will allow a consortium of ro-ro shipping lines to jointly negotiate the procurement of tug services at US ports, but the decision was not unanimous. Last week, the FMC voted four-to-one in favour of allowing an amendment to the service agreement between international car carriers Wallenius Wilhelmsen … [Read more...]

U.S. Clears Vessel-Sharing Alliance ‘The Alliance’

The U.S. Federal Maritime Commission (FMC) has completed its review of the proposed vessel-sharing alliance "THE Alliance", allowing the grouping to become effective on December 19, 2016. THE Alliance is comprised of five different container shipping companies: Hapag-Lloyd; K Line; MOL; NYK; and Yang Ming. It plans to deploy 240 ships across 31 services and over 75 ports in … [Read more...]