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October 14, 2014

FMC Penalizes Seven OTIs and One Vessel Operator One Half Million Dollars

On Friday October 10, 2014 the Federal Maritime Commission announced “compromise agreements” totaling $503,000 in civil penalties from five NVOCCs, two unlicensed OTIs, and one vessel-operator. “Compromise agreements” do not admit guilt. They are: Eastern Car Liner Ltd. a vessel-operating common carrier based in Tokyo, Japan. Commission staff alleged that Eastern Car Liner operated pursuant to an unfiled space charter […]

FMC 0 2 min read
October 30, 2013

Newly Proposed FMC Regulations

On May 31, 2013 the Federal Maritime Commission (“FMC”) published proposed changes to the rules regulating Ocean Transportation Intermediaries (“OTI’s”) and Non-Vessel-Operating Common Carriers (“NVOCC’s”). The 60-day comment period ended on July 30, 2013 and the Final Publication is expected to be released sometime in December 2013 with the effective date sometime in February 2014. We have created an easy […]

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