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Strictly investigate the shipping company's illegal refusal to board, dump the container, and cancel the shipping space
Jul 25, 2024|
View:87The United States Federal Maritime Commission (FMC) issued a new rule on Monday, July 22 local time, which aims to curb shipping companies from ignoring contract provisions, unreasonably refusing to accept cargo owners' booking requests, arbitrarily canceling loaded containers (dumps), and refusing to negotiate contract terms with customers on space allocation.
United States latest regulations issued by the Federal Maritime Commission (FMC) strictly restrict container liner companies from canceling space-booked space by cargo owners without reason, and at the same time, add more protection measures for cargo owners during contract negotiations.
The United States Federal Maritime Commission (FMC) has formulated rules for unreasonable refusal of booking by shipping companies, which are divided into two situations:
First: if the shipping company refuses before the formal transaction, a law applies; Another: If the shipping company has accepted and rejected, another law applies.
Specific cases will be determined according to the actual situation. The new rules are expected to be implemented in September.
In addition, the FMC (United States Federal Maritime Commission) imposes another requirement on carriers that shipping companies submit a confidential export policy document to the FMC each year. This document needs to elaborate on its export policy, including key information such as the price strategy, the services offered, the equipment supply strategy, and the specific description of the market to be served.
In response to this new rule, Hapag-Lloyd, the world's fifth-largest container liner giant, expressed concern. The company noted that if the details of the company's strategy were publicly disclosed, it could expose the company to a significant competitive disadvantage. In the globally competitive shipping market, Hapag-Lloyd stresses the importance of protecting core information such as trade secrets, market research, pricing structures, and supply chain information to ensure an advantageous position over competitors.
