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Iran expands maritime restrictions to Gulf of Oman and Arabian Sea
NRKLO·IR · OM · PK·3 days ago
An FMC administrative law judge ruled against Peloton in its $33.7 million detention and demurrage claim against Flexport, a decision that clarifies liability standards for demurrage charges under the Ocean Shipping Reform Act. The ruling may set precedent for similar disputes between shippers and freight forwarders, potentially affecting future claims and contract negotiations.