2026-09-25 US West Coast
HCM-UWC 8,030 USD/FEU +0.07% Index 3,912 pts
2026-09-25 US East Coast
HCM-UEC 10,789 USD/FEU -0.06% Index 3,302 pts
2026-09-25 Northern Europe
HCM-NEU 3,539 USD/FEU -9.15% Index 2,435 pts
2026-09-25 Mediterranean
HCM-MED 4,042 USD/FEU -5.78% Index 2,208 pts
2026-09-25 China
HCM-CHN 89 USD/FEU +21.81% Index 1,042 pts
2026-09-25 Korea
HCM-KOR 325 USD/FEU 0.00% Index 1,090 pts
2026-09-25 Japan
HCM-JPN 503 USD/FEU +3.27% Index 1,624 pts
2026-09-25 Southeast Asia
HCM-SEA 309 USD/FEU 0.00% Index 1,583 pts
2026-09-25 Oceania
HCM-ANZ 4,736 USD/FEU +7.72% Index 7,494 pts
2026-09-25 Middle East
HCM-MEA Suspended
2026-09-25 South America
HCM-SAM 8,191 USD/FEU -7.27% Index 5,118 pts
2026-09-25 South Africa
HCM-ZAF 4,119 USD/FEU +2.98% Index 2,341 pts
2026-09-25 East & West Africa
HCM-EWA 4,637 USD/FEU -5.13% Index 1,181 pts
2026-09-25 Global
VCFI Composite Rate 5,085 USD/FEU -1.01% VCFI Composite Index 3,537 pts -1.35%
2026-09-25 US West Coast
HCM-UWC 8,030 USD/FEU +0.07% Index 3,912 pts
2026-09-25 US East Coast
HCM-UEC 10,789 USD/FEU -0.06% Index 3,302 pts
2026-09-25 Northern Europe
HCM-NEU 3,539 USD/FEU -9.15% Index 2,435 pts
2026-09-25 Mediterranean
HCM-MED 4,042 USD/FEU -5.78% Index 2,208 pts
2026-09-25 China
HCM-CHN 89 USD/FEU +21.81% Index 1,042 pts
2026-09-25 Korea
HCM-KOR 325 USD/FEU 0.00% Index 1,090 pts
2026-09-25 Japan
HCM-JPN 503 USD/FEU +3.27% Index 1,624 pts
2026-09-25 Southeast Asia
HCM-SEA 309 USD/FEU 0.00% Index 1,583 pts
2026-09-25 Oceania
HCM-ANZ 4,736 USD/FEU +7.72% Index 7,494 pts
2026-09-25 Middle East
HCM-MEA Suspended
2026-09-25 South America
HCM-SAM 8,191 USD/FEU -7.27% Index 5,118 pts
2026-09-25 South Africa
HCM-ZAF 4,119 USD/FEU +2.98% Index 2,341 pts
2026-09-25 East & West Africa
HCM-EWA 4,637 USD/FEU -5.13% Index 1,181 pts
2026-09-25 Global
VCFI Composite Rate 5,085 USD/FEU -1.01% VCFI Composite Index 3,537 pts -1.35%
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Thursday, 17/07/2025, 06:00 (GMT +7)

565

FMC Investigates Port of Houston Agreements with Container Lines

The Federal Maritime Commission (FMC) is investigating agreements between the Port of Houston and major shipping lines, which it suspects may include provisions that force the shipping lines to prioritize use of the port.

Port-Houston

Port of Houston, US (Photo: gCaptain/Phaata)

 

The Federal Maritime Commission (FMC) has initiated an investigation into Terminal Services Agreements (TSAs) between the Port of Houston and several major container shipping lines.

In a July 11 filing, the agency said the non-judicial investigation will examine Terminal Services Agreements (TSAs) between the Port of Houston and several major container shipping lines to determine whether the agreements require certain shipping lines to route a percentage of their loaded containers through the Port of Houston and away from other competing port hubs in the Gulf of Mexico.

TSAs are contracts between ports and shipping lines that specify the terms and conditions for the use of port facilities and services.

At the heart of the investigation are the “Commitment Clauses” and “Shortfall Amounts” included in these TSA agreements. These provisions potentially oblige the participating carriers, including CMA CGM, Evergreen Line Joint Service, Hapag-Lloyd (OTC: HLAGF), Maersk Line, Mediterranean Shipping Co., and Zim Integrated Shipping Services Ltd. (NYSE: ZIM), to guarantee a specific volume of containers through the Texas gateway.

The filing states that the FMC’s Bureau of Enforcement, Investigation and Compliance (BEIC) will closely review the circumstances that led to the creation, conclusion and enforcement of these provisions.

In 2024, the Port of Houston handled a record 4.12 million 20-foot equivalent units (TEUs), up 8% year-over-year.

 

See more:

 

Source: Phaata.com (According to Freight Waves)

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