US may impose greater scrutiny on container lines

Chamber of Shipping > Blog > News > US > US may impose greater scrutiny on container lines

The Biden administration has endorsed proposed legislation that would dramatically change how container shipping is regulated and urged maritime regulators to challenge ocean carrier alliance agreements if they violate the Shipping Act. Congressman John Garamendi’s House Resolution 4996, also known as the Ocean Shipping Reform Act, aims to require ocean carriers to adhere to minimum service standards, certify detention and demurrage charges, and protect US containerized exports. The Federal Maritime Commission would need more than its current $30 million budget to administer the proposed Act and new reporting requirements that could be imposed on carriers and marine terminals. The US Department of Justice has long criticized the antitrust immunity enjoyed by carriers and has publicly raised concerns each time the FMC has allowed an alliance to take effect.

Related Posts