It is, some have suggested, just a symptom of the way society has changed. If you make a mistake, or take the wrong decision, which leads to what we used to term an “accident” it is likely to become the subject of criminal charges.
Looming economic uncertainty and the fallout from the war in Ukraine could upset buoyant conditions in container and tanker trades, cautions former International Chamber of Shipping (ICS) chairman Esben Poulsson.
The Federal Maritime Commission (FMC) was continuing on its course of implementing mandates contained in the Ocean Shipping Reform Act of 2022 (OSRA 2022).
There is a new reality in global trade to which everyone must adapt – sanctions against Russia are here to stay for the foreseeable future.
The Ocean Shipping Reform Act of 2022 (OSRA 22) includes a provision mandating the Federal Maritime Commission (FMC) to seek comments on whether congestion of the carriage of goods has created an emergency situation.