FMC Approves $2M Settlement Agreement with Hapag Lloyd

The Federal Maritime Commission approved a settle agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG on June 8 whereby the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices. “To restore full confidence in our ocean freight system, vigorous enforcement of FMC rules is necessary.  Specifically, we must ensure powerful ocean carriers obey the Shipping Act when dealing ... [+]

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