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The U.S. Federal Maritime Commission (FMC) has announced a public hearing for supply chain stakeholders to discuss how shipping conditions in the Red Sea, such as ‘unjust’ and ‘extortionate’ carrier surcharges, are impacting them.
The FMC said it would offer a chance to discuss how their operations have been disrupted by the attacks from Yemen, steps taken in response and the resulting effects.
The FMC’s topic example was “implementing contingency fees and surcharges” – the main source of stress for many shippers amid the crisis.
It said: “The commission recognizes that the threat to commercial shipping imposes costs on the maritime transportation industry. The commission and its staff are closely monitoring rates, charges and rules that common carriers have implemented as a result.”
Read more in an article from The Loadstar.