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27 October 2020 The on-line newspaper devoted to the world of transports 12:39 GMT+1

September 17, 2020

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The American FMC is analyzing the reaction to the crisis containerized shipping

Investigation to make sure that no action has been put in place cartel agreements

Yesterday the commissioners of the US Federal Federal Agency Maritime Commission (FMC) met to launch an examination on the response to the effects of the Covid-19 pandemic of the navigation operating in the container and alliance segment these shipping carriers. The FMC has announced that Commission has received detailed reports on the performance of the spot rentals and long-term contract rate trends planning of blank sailings planned by the companies to reduce the capacity offered, on the trends of companies' revenues in the period and other items to assess what the reaction of the containerized shipping to exceptional circumstances and challenges created by the pandemic.

The federal agency has made it clear that it is actively monitoring any potential effect on rental instalments and rental levels service using a variety of funds and indicators, including the comprehensive information that parts of a contract must submit to the FMC. If there is any indication of vector behaviors that may violate competition rules in section 6 of the Shipping Act – explained the agency – the Commission will address immediately these issues with carriers and, if necessary, will go to the federal court to ask an injunction prohibiting them from conducting further activities alliance agreements that are not lecy.

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