Samsung Files Record $186m Demurrage Claim Against CMA CGM
South Korean electronics conglomerate Samsung has lodged a landmark $186 million complaint with the US Federal Maritime Commission over disputed detention and demurrage fees assessed by CMA CGM.
South Korean consumer electronics corporation Samsung has submitted a formal dispute seeking $186 million in damages from French ocean carrier CMA CGM. The claim, filed before the US Federal Maritime Commission (FMC), focuses on allegedly improper detention and demurrage assessments billed by the container shipping line.
The action represents the highest-value compensation claim ever submitted to the US shipping regulator. Samsung's filing challenges the legality of the container holding and port storage charges imposed by the carrier during cargo movements.
The monetary sum sought in the docket surpasses the prior benchmark set in a high-profile case between Butterfly One, the administrator for retailer Bed, Bath & Beyond, and ocean carrier OOCL. In that action, the claimant pursued $161 million in damages from the shipping line.
Following regulatory proceedings in the Bed, Bath & Beyond litigation, the FMC ultimately granted the claimant an award of $45 million. Samsung's newly lodged proceeding against CMA CGM now enters the FMC regulatory adjudication process.
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