OTI License Renewal Process to Begin in Mid-2017
The Federal Maritime Commission indicated recently that the launch of the online ocean transportation intermediary license renewal process has been pushed back from late 2016 to mid-2017. The FMC notes that a total of nearly 5,000 OTIs will need to have their licenses renewed over a three-year period. This requirement is one of numerous changes to the FMC’s OTI regulations that were finalized in October 2015.
According to an agency press release, at a Nov. 17 meeting FMC staff reported that significant progress has been made in building the information technology-based system that will be used for OTI license renewals and in beginning to advise regulated entities of the procedures for complying with the new requirements. In February 2017 the FMC will officially contact the first group of those qualified to have their licenses renewed and provide them with user names, passwords, and instructions on the process for completing license renewals. The new system will communicate with regulated parties via email, so OTIs are encouraged to confirm with the FMC’s Bureau of Certification and Licensing that they have submitted an accurate email address to the agency.
Further information about the OTI license renewal process can be found here.