FMC Changes Controlled Carrier List

Twitter
Facebook
LinkedIn
Email
USflagandshipiStock-515528694_1280_800_84_s_c1

The US Federal Maritime Commission (FMC), responsible for regulating US international ocean transportation, has reported that three container shipping companies will be removed from the government linked 'Controlled Carrier List'.

It reported that American President Lines is being removed from the list because it is now wholly owned by CMA CGM and no state entity is a majority owner.

United Arab Shipping Company, formerly United Arab Shipping Company, is also being struck off as it is now wholly owned by Hapag-Lloyd and no state entity is a majority owner.

Hainan P O Shipping has also being removed as it no longer operates in the US-Foreign trades due bankruptsy stopping its container shipping services in 2013.

Technical Paper: Container Trades of East and Southern Africa

Records have been amended to show that Cosco Shipping Lines (Cosco) has been formed because of China Shipping being integrated into COSCO Container Lines Company.

FMC also reported that Cosco will remain on the list with NAN Nord SPA, located in Algiers, Algeria.

The FMC reviews agreements under the Shipping Act to assure that participating parties do not engage in anticompetitive behaviour that results in unreasonable increases in rates or decreases in service, or other prohibited acts.

The commission’s next meeting is scheduled for September.

It still has to have discussions about Cosco's planned acquistion of OOIL and whether a trio of Japanise carriers comprised of Kawasaki Kisen Kaisha, Mitsui OSK Lines, and Nippon Yusen Kabushiki Kaisha will be able to operate in the US as the 'Ocean Network Express'.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.
FREE

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.