US furniture shipper MSC Industries has filed a lawsuit with the Federal Maritime Commission (FMC) against renowned container carriers MSC and Cosco, reports industry media Loadstar and several other media.
In the USD 600,000 lawsuit, MSC Industries claims that the two global carriers are in non-compliance with their contractual obligations and violation of the 1984 US Shipping Act.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.