The U.S. Federal Maritime Commission (FMC) is conducting an investigation into Korea’s local marine shipping companies HMM and SM Line, to check if the companies implemented surcharges lawfully at a time when the companies charged record-high container freight rates. “The COVID-related spike in demand for imports has pushed cargo rates to record highs,” FMC Chairman …
The post US FMC to conduct surcharge investigation against HMM, SM Line first appeared on Hellenic Shipping News Worldwide.