Domestic shipping firms reject price-fixing claims
Evergreen Marine Corp (長榮海運) and Yang Ming Marine Transport Corp (陽明海運) last week denied US accusations of colluding with other shipping companies to fix prices, pledging to help in an investigation into such complaints amid a global shortage in marine cargo shipping services.
The allegations came as the US is experiencing high
inflation, partly driven by the expensive cost of shipping since its economy began
reopening after disruptions related to COVID-19.
Evergreen and Yang Ming said that cargo service prices are
set based on US regulations, and their pricing had been reported to US marine
authorities.
The two shippers said they would work with the US Federal
Maritime Commission (FMC) in its probe into complaints regarding fees charged
by shipping companies and terminal operators.
Earlier last week, the commission announced an audit program
and a dedicated team to assess compliance with its rule on detention and
demurrage — a charge paid to the owner of a chartered ship for failure to load
or discharge the ship within the agreed time — as cargo vessels are stuck in
major US ports.
The move aims to provide more information that benefits the
market by regularly monitoring cargo services, the commission said.
The audit program would analyze the top nine carriers by
market share for compliance with detention and demurrage rules in the US, it
said.
The commission’s probe targets Evergreen and Yang Ming, as
well as Denmark’s A.P. Moller-Maersk A/S, Switzerland-headquartered
Mediterranean Shipping Co, China-based COSCO Shipping Holdings Ltd (中遠海運控股),
France’s Le Groupe CMA CGM, Germany’s Hapag-Lloyd AG, South Korea’s Hyundai
Merchant Marine Co and Japan’s Ocean Network Express.
Evergreen and Yang Ming said that if the commission needs
more information, they would provide it to facilitate the investigation.
There has been no collusion in pricing among the world’s
major shippers, Yang Ming president Patrick Tu (杜書勤) said.
Tu quoted US President Joe Biden as saying that the US
government has no intention of intervening in the international cargo shipping
market.
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