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FMC Approves Settlement Between Supply Source Owner, CMA CGM

A Federal Maritime Commission administrative law judge has approved a confidential agreement to settle allegations by U.S. shipper Supply Source that France-based ocean carrier CMA CGM imposed unfair demurrage and detention charges, according to an FMC notice served June 18.…

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Two Supply Source Enterprises subsidiaries filed the complaint against CMA CGM in February 2024 (see 2402150055), and TZ SSE Buyer later purchased Supply Source’s assets from bankruptcy. CMA CGM denied the allegations.