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FMC Approves $2 Million Settlement Agreement With Hapag-Lloyd

marinesalvage by marinesalvage
June 11, 2022
in News
0
FMC Approves $2 Million Settlement Agreement With Hapag-Lloyd
Home ‘Shipping News

FMC Approves $2 Million Settlement Agreement With Hapag-Lloyd

June 10, 2022

Shipping News

The Federal Maritime Commission today licensed a settlement plan reached between its Bureau of Enforcement (BoE) as well as additionally Hapag-Lloyd AG (Hapag-Lloyd) where the sea service provider will definitely pay a $2 million civil penalty to fix asserted offenses attached to their worry as well as additionally demurrage methods.

“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 with American importers and exporters. The case that was concluded today is just part of an ongoing effort to investigate any conduct alleged to violate FMC rules – and in particular, the interpretive rule on detention and demurrage charges,” Chairman Daniel Maffei specified.

HapagLloyd

Image for representation goal simply

Today’s order approving the settlement plan complies with April 22, 2022, Initial Decision offered by the Commission’s Administrative Law Judge (ALJ) looking for Hapag-Lloyd damaged the regulations by deliberately as well as additionally deliberately failing to establish, observe, as well as additionally enforce just as well as additionally economical standards as well as additionally methods attaching to or connected with acquiring, handling, conserving or delivery structure, by unreasonably decreasing to discard worry expenses, in violation of 46 USC 41102( c). The ALJ acquired an $822,220 civil penalty as well as additionally for Hapag-Lloyd to stop as well as additionally desist their violative tasks. The circumstance, Hapag-Lloyd, A.G. as well as additionally Hapag-Lloyd (American) LLC–Possible Violations 46 USC 41102( c) (Docket No 21-09), was released by the Commission on November 10, 2021, at the need of BoE as well as additionally following their investigatory work.

The $2 million civil penalty will definitely be paid to the united state Department of the Treasury as well as additionally will definitely be moved right into the General Fund.

References: Fdederal Maritime Commission

Source of This New

Tags: Hapag-Lloyd
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