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The Federal Maritime Commission has designated the agency’s managing director, Karen Gregory, to serve as regulatory reform officer. In that capacity, Ms. Gregory will stand up a regulatory reform task force that will work to identify burdensome, unnecessary, and outdated directives and recommend how they should be remedied. According to the FMC, this action is consistent with the intent of the EO issued by President Trump Feb. 24, the deregulatory spirit of the Shipping Act of 1984 as amended by the Ocean Shipping Reform Act of 1998, and agency regulatory review initiatives ongoing since Nov. 4, 2011.
Acting Chairman Michael Khouri observed that “relief from regulatory requirements that have outlived their usefulness is one of the easiest contributions the Federal Maritime Commission can make to increased efficiencies and creating economic benefits.”