UASC Exempted from Controlled Carrier Rules

The U.S. Federal Maritime Commission (FMC) voted unanimously to grant the Qatar-controlled United Arab Shipping Co. (UASC) exemption from its controlled carrier list which aims to stop price fixing among state-owned shipping companies.

 

UASC will remain subject to all other applicable provisions of the Shipping Act and regulations.

 

“United Arab Shipping Company (UASC) is an industry leader and a pioneer of sorts in international shipping,” FMC Commissioner William P. Doyle said in a statement. “I am increasingly impressed with their transparent communications that informs the shipping public of changes to their sailing schedule and their environmental stewardship.”