Pacific Coast European Conference and Its Member Lines v. Federal Maritime Commission and United States of America

ALFRED T. GOODWIN, Circuit Judge:

The Pacific Coast European Conference (PCEC) petitions for relief from a cease- and-desist order of the Federal Maritime Commission entered under the Commission’s statutory authority to regulate transportation rates.

The controversy arises out of the sale of cotton in 1972 to a purchaser in Spain. Spanish law apparently required the purchaser to ship the cotton on Spanish vessels. The exporters accordingly sold the cotton f. o. b. a Pacific port and title passed to the purchaser who then caused the cargo to be shipped on a Spanish carrier.

The PCEC is a shipping…