By Land and By Sea

S2.E3 - MCS "wins" in MSC vs MCS - a win for shippers? Not exactly...

January 20, 2023 Lauren Beagen, The Maritime Professorᵀᴹ Season 2 Episode 3
By Land and By Sea
S2.E3 - MCS "wins" in MSC vs MCS - a win for shippers? Not exactly...
Show Notes

Topic of the Week (1/20/23):

MSC vs MCS - what's going on in this legal alphabet soup... good for shippers? It's not exactly a yes. 


Here is the Federal Maritime Commission docket log for the case:

https://www2.fmc.gov/readingroom/proceeding/21-05/


The Maritime Professorᵀᴹ presents By Land and By Sea - an attorney breaking down the week in supply chain


with Lauren Beagen (Founder of The Maritime Professorᵀᴹ and Squall Strategies)


Let's dive in...


1- We're still on final rule watch! The Federal Maritime Commission's Unreasonable Refusal to Deal or Negotiate with respect to Vessel Space Accommodations Final Rule was required (under OSRA 22) to be released December 16, 2022 - still nothing on the website as of this posting.


2- Is the Ocean Shipping Reform Act missing a low hanging fruit? Where is the FMC's ability to deny alliances? 

https://www.fmc.gov/statement-by-commissioners-bentzel-and-vekich-on-amending-commission-statutes-agreements/


3- Lars Jensen wrote an interesting opinion piece in JOC.com titled "Don’t confuse ocean market collapse with carrier weakness: analyst" 

It's a good take on essentially watching the pendulum of the ocean shipping world swing. It was previously in favor of carriers, recently it seems to be moving toward shippers, but don't get too comfortable, the pendulum will continue to swing back and forth until it starts to settle in. 


https://www.joc.com/article/dont-confuse-ocean-market-collapse-carrier-weakness-analyst_20230112.html


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