13.6 C
Hamburg
Sunday, May 18, 2025
Home Most Popular Maersk's subsidiary Hamburg Süd hit by largest FMC fine

Maersk’s subsidiary Hamburg Süd hit by largest FMC fine

Hamburg Süd, owned by Danish giant ocean carrier Maersk, received the largest penalty from the Federal Maritime Commission (FMC) for the OJ Commerce (OJC) case.

Florida-based e-commerce firm OJC filed a case with the FMC in December 2021, seeking US$100 million in damages accusing Hamburg Süd of contract breaches and unreasonably high prices.

FMC said in its statement “This case raises novel legal issues about refusal to deal claims, retaliation claims, and calculation of reparations.”

FMC decided to fine Maersk-owned box carrier with US$9.4 million, which is more than three times higher than any other FMC penalties announced this year.

Both companies disagree about many of the factual allegations, according to the Commission, which noted the parties heavily litigated this proceeding, with multiple motions to compel evidence filed and allege that the other party violated discovery requirements.





Antonis Karamalegkos
Managing Editor

Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!