The US Federal Maritime Commission, FMC, has issued penalties for a total USD 1.2 million to eight different shipping companies, including United Arab Shipping Company (UASC), for violating the US Shipping Act or regulations, notes chairman Mario Cordero in a statement on the FMC website.
The penalties have been issued after reaching compromises with the involved companies, which have elected to pay even though none of them admit to violating the US Shipping Act.
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