Partial Settlement on Exclusive Tug Franchises on Lower Mississippi River

The Federal Maritime Commission (FMC) released a Settlement Agreement it has entered into with one of the stevedoring companies that was allegedly involved in an improper exclusive tug franchise on the Lower Mississippi River. While not admitting that it violated the Shipping Act of 1984, the stevedore agrees to be cease and desist or modify its exclusive tug practices to the same extent and manner as may be required of the other respondents. The Bureau of Enforcement is saved the burden of having to prove particular violations by this particular respondent. Source: HK Law