Tag: Shipping Industry
New US Bill Would Clamp Down On Ocean Carrier Market Power
Rep. Jim Costa (D-Calif.) introduced the Ocean Shipping Antitrust Enforcement Act on Monday. The proposed bill would amend U.S. shipping regulations by repealing section 40307...
EU: Hapag seals landmark $8bn merger with UASC
Hapag-Lloyd and UASC today pushed through further consolidation in the liner shipping industry as the pair finally completed their merger.
The UASC brand will be...