Core Viewpoint - The Federal Maritime Commission (FMC) has imposed a fine of $22.67 million on Mediterranean Shipping Company (MSC) for multiple violations of the Shipping Act, following an investigation by its Bureau of Enforcement, Investigations, and Compliance [1]. Group 1: Violations and Penalties - The FMC's investigation revealed that MSC violated the Shipping Act over several years, including improper billing practices related to demurrage and detention charges from 2018 to 2020, resulting in civil penalties of $65,000 [3]. - MSC was found to have failed to include late fees for non-operating reefers (NORs) in its published tariff from 2021 to 2023, leading to penalties totaling $9.46 million [4]. - The Commission determined that MSC overcharged customers for demurrage and detention fees related to NORs, with overcharges occurring in approximately 23% of all NOR bills during 2021, resulting in a penalty of $13.145 million [5][6]. Group 2: Financial Context - MSC's estimated revenue is projected to reach $38.4 billion by 2025, indicating the financial scale of the company within the shipping industry [2].