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financeLOW2026-04-30 06:29 UTC

FMC issues record $45.6m reparations ruling against OOCL

FMC issues record $45.6m reparations ruling against OOCL

A US administrative law judge has ordered Orient Overseas Container Line (OOCL) to pay a record $45.6m in reparations to the bankruptcy estate of collapsed retailer Bed Bath & Beyond, in a ruling that could reshape how ocean carriers honour service contracts during periods of extreme market disrupti

ORIGINAL SOURCE →via Splash Maritime
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