Federal Maritime Commission


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Federal Maritime Commission (FMC)

A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses.

Federal Maritime Commission

An agency of the U.S. Government responsible for the ocean-borne international commerce of the United States. Among other things, the FMC regulates shipping lines (which is calls ocean common carriers) and other ocean freighters that bring goods into the United States. It also enforces laws requiring the cruise ships maintain enough insurance to cover loss or damages. It issues licenses for commerce involving U.S. goods. It was established in 1961. See also: ICE, United States Merchant Marine.
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surveys the practical implications of the Federal Maritime Commission
The movement of NVO's towards quasi-carrier status began in 1973 with the first tariff filed with the Federal Maritime Commission (FMC) for General Cargo N.O.S.
In addition, the United States requires all shipping agreements to be filed with the Federal Maritime Commission before receiving antitrust immunity.(50) Under EC competition law, however, conferences and consortia have been granted far-reaching block exemptions, which do not make individual notification to the Commission compulsory.(51)
The ink is barely dry on a 3 December 2018, Federal Maritime Commission (FMC) report that examines 'just and reasonable rules and practices' with respect to the assessment of demurrage, detention, and per diem charges by ocean common carriers and marine terminal operators.
The National Customs Brokers & Forwarders Association of America (NCBFAA) president Geoffrey Powell offered support for the re-nomination of commissioner Daniel Maffei to the Federal Maritime Commission (FMC).
Mario Cordero, chairman of the US Federal Maritime Commission, said the rapidly changing face of the global maritime sector demands "out-of-the-box" thinking and governments should share their views on global regulatory challenges and the impact on international trade.
Rebecca Dye of the Federal Maritime Commission is scheduled to deliver her recommendations to bring clarity and conformity to the U.S.
Maffei of New York were sworn-in as Commissioners of the Federal Maritime Commission on January 23, 2019.
LAST MONTH, the Federal Maritime Commission (FMC) said it voted to kick off an investigation that will focus on the practices of vessel operating common carriers and marine terminal operators.
In the wake of these disruptive events, the Coalition for Fair Port Practices, comprised of 26 trade associations, Filed a petition in December 2016 with the Federal Maritime Commission (FMC) asking the agency to "clarify what constitutes 'just and reasonable rules and practices' with respect to the assessment of demurrage, detention, and per diem charges by ocean common carriers and marine terminal operators when ports are congested or otherwise inaccessible." Why are shippers being penalized when their trucks can't get into the port?
Some details of the P3 Network agreement have recently become public, after the parties (Maersk Line, Mediterranean Shipping Company and CMA CGM) notified the deal to the Federal Maritime Commission in the US.
The Federal Maritime Commission (FMC) rose to the number nine spot on the "Best Places to Work in the Federal Government" rankings for Small Agencies as reported today by the Partnership for Public Service.

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