Container

Bankrupt US retailer sues MSC for USD 300 million

The world’s largest container shipping company is being sued by the estate of Bed Bath & Beyond for charging excessive freight rates and unreasonable fees during the COVID-19 pandemic.
The bankrupt retailer wants the Swiss/Italian shipping company to pay around USD 150m in damages and an equivalent amount for what they describe as exploitation and coercive behavior. | Photo: Bodo Marks/AP/Ritzau Scanpix
The bankrupt retailer wants the Swiss/Italian shipping company to pay around USD 150m in damages and an equivalent amount for what they describe as exploitation and coercive behavior. | Photo: Bodo Marks/AP/Ritzau Scanpix
by KIT LINDHARDT

The bankruptcy estate of US retial major Bed Bath & Beyond is seeking around USD 300m in compensation from container shipping company MSC.

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