Tag Archives: Ocean Shipping Reform Act

US FMC Regulation Marks the End of Carriers’ Inadequate Justifications for Cargo

QFM Shipping News

The recent US FMC regulation marks the end of carriers’ inadequate justifications for rolling over contracted cargo. The US Federal Maritime Commission (FMC) has introduced a new directive prohibiting shipping companies from rejecting reserved container space, offering shippers increased safeguards during negotiations. The regulation, Effective September 23, aims to tackle a recurring issue in which […]