FMC Approves Settlement Between Supply Source, OOCL
A Federal Maritime Commission administrative law judge has approved a confidential agreement to settle allegations by shipper Supply Source that Hong Kong-based carrier Orient Overseas Container Line Limited (OOCL) imposed unfair demurrage and detention charges, according to an FMC notice released April 1.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Two Supply Source subsidiaries filed the complaint against OOCL in February 2024 (see 2402150055), and TZ SSE Buyer later purchased Supply Source’s assets from bankruptcy. OOCL, which denied the allegations, was one of six carriers Supply Source filed complaints against on the same day.