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FMC to Consider Changes to Ocean Carrier/Marine Terminal Operator Agreement Rules

Friday, November 20, 2015
Sandler, Travis & Rosenberg Trade Report

The Federal Maritime Commission expects to publish in the first half of 2016 an advance notice of proposed rulemaking that will seek comments on proposed revisions to its rules on ocean common carrier and marine terminal operator agreements. This rulemaking will focus on modifying certain exemptions from the filing and waiting period requirements and revising the information form and monitoring report requirements. The FMC will also propose minor revisions to clarify the agreement regulations and remove obsolete language as well as seek comment on information disclosure in the agreement review process.

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