MSC denies allegations following shipper complaint to Federal Maritime Commission
MSC has rejected allegations of wrongdoing after furniture supplier MCS Industries filed a formal complaint with the Federal Maritime Commission (FMC), claiming that actions by MSC and COSCO Shipping had artificially inflated spot market prices.
MSC stated it was “shocked to learn of the accusations”, noting that it had received no formal complaint by MCS Industries in advance of the filing, while adding that many accusations were “vague, unsubstantiated and incorrectly targeted at MSC”.
The Geneva-based company “does not recognise the alleged shortcomings in booking the cargo allocations provided for this shipper”.
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