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FMC Proposes Up to $2.3M Fines for Spain

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Story summary
  • The U.S. Federal Maritime Commission says Spain created restrictive port practices that harmed U.S.-flagged vessels.
  • The two-year probe, launched in December 2024, concluded Spain created unfavorable shipping conditions.
  • The FMC proposes fines up to $2.3 million and a $200,000 fee per voyage for Spanish-flagged ships.
  • It also seeks to restrict imports of Spanish olive oil, cosmetics and sugar, giving Spain a hearing first.