FMC threatens MSC with "default judgment" in US complaint case
MSC is under severe pressure from the Federal Maritime Commission in complaint case. The presiding judge denies a motion for a time extension in case where a transport customer accuses MSC of breaking a contract and violating US legislation. If MSC fails to present documents, the carrier risks a default judgment. Adjusted.
A combination of new Turkish regulation and Western sanctions on Russian crude has led to congestion of oil tankers in Türkiye’s waters. Diplomats are working to prevent unnecessary control of tankers to and from the Black Sea.
Belgian shipping family Saverys acquires additional shares in Euronav and now only needs a small increase of its equity position to block a full merger between the tanker operator and rivaling company Frontline.