Ocean Transportation Intermediary License Applicants, 21789 [05-8409]

Download as PDF Federal Register / Vol. 70, No. 80 / Wednesday, April 27, 2005 / Notices FEDERAL MARITIME COMMISSION FEDERAL RESERVE SYSTEM Ocean Transportation Intermediary License Applicants Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Notice is hereby given that the following applicants have filed with the Federal Maritime Commission an application for license as a Non-VesselOperating Common Carrier and Ocean Freight Forwarder—Ocean Transportation Intermediary pursuant to section 19 of the Shipping Act of 1984 as amended (46 U.S.C. app. 1718 and 46 CFR part 515). Persons knowing of any reason why the following applicants should not receive a license are requested to contact the Office of Transportation Intermediaries, Federal Maritime Commission, Washington, DC 20573. Non-Vessel-Operating Common Carrier Ocean Transportation Intermediary Applicants Venus Lines Inc., 15 Enclosure Drive, Morganville, NJ 07751. Officer: Sundar varadhan Raghuveer President (Qualifying Individual). Echo Trans World Inc., 350 Vanderbilt Motor Pkwy., Suite 204, Hauppauge, NY 11788. Officer: Deror Balileti, Owner (Qualifying Individual). Non-Vessel-Operating Common Carrier and Ocean Freight Forwarder Transportation Intermediary Applicants Ocean Star Shipping Inc., East 80, Route 4, Suite 410, Paramus, NJ 07652. Officers: Lemin Li, Vice President (Qualifying Individual), Charles S. Wang, President. Apex Logistics SFO Inc., 111 Anza Blvd., Suite 120, Burlingame, CA 94010. Officer: Hong Lee, Owner (Qualifying Individual). Adora International Services, dba Adora Shipping Co., 16809 FM 1485, Conroe, TX 77306. Dora Gay Hogland, Sole Proprietor. Toshiba Logistics America, 9740 Irvine Boulevard, Irvine, CA 92618. Officers: Lisa Brown, Asst. Sec. of NVO Oper. (Qualifying Individual), Masato Hamzaki, President. Dama Cargo Logistics, Corp., 11356 SW 85 Lane, Miami, FL 33173. Officers: Cesar A. Baez, Secretary (Qualifying Individual), Raymond A. Alonzo, President. Dated: April 22, 2005. Bryant L. VanBrakle, Secretary. [FR Doc. 05–8409 Filed 4–26–05; 8:45 am] BILLING CODE 6730–01–P VerDate jul<14>2003 16:41 Apr 26, 2005 Jkt 205001 SUMMARY: Background Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the OMB 83–Is and supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Michelle Long—Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202– 452–3829); OMB Desk Officer—Mark Menchik—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503, or e-mail to mmenchik@omb.eop.gov. Final approval under OMB delegated authority of the extension for three years, without revision, of the following report: Report title: Report of Net Debit Cap. Agency form number: FR 2226. OMB control number: 7100–0217. Frequency: Annual. Reporters: Depository institutions, Edge and agreement corporations, U.S. branches and agencies of foreign banks. Annual reporting hours: 1,780 hours. Estimated average hours per response: 1.0 hour. Number of respondents: 1,785. General description of report: This information collection is mandatory (12 U.S.C. 248(i), 248–l, and 464) and may be accorded confidential treatment under the Freedom of Information Act (5 U.S.C. 552 (b)(4)). Abstract: Federal Reserve Banks collect these data annually to provide information that is essential for their PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 21789 administration of the Board’s Payments System Risk policy. The Report of Net Debit Cap comprises three resolutions, which are filed by an institution’s board of directors depending on the institution’s needs. The first resolution is used to establish a de minimis net debit cap, and the second resolution is used to establish a self-assessed net debit cap. Institutions use these two resolutions to establish a capacity for daylight overdrafts that is greater than the capacity that is typically assigned by a Reserve Bank. Institutions use part one of the third resolution, a two-part resolution, to establish additional collateralized capacity. Institutions use part two of the third resolution if they have been approved to receive additional collateralized capacity and pledge securities in transit to support the additional capacity. Copies of the current model resolutions are located in Appendix B of the Guide to the Federal Reserve’s Payments System Risk policy. Final approval under OMB delegated authority of the extension for three years, with revision, of the following reports: 1. Report title: Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks. Agency form number: FR 2225. OMB control number: 7100–0216. Frequency: Annual. Reporters: Foreign banks with U.S. branches or agencies. Annual reporting hours: 42 hours. Estimated average hours per response: 1.0 hour. Number of respondents: 42. General description of report: This information collection is voluntary (12 U.S.C. 248(i), 248–l, and 464) and is not given confidential treatment. Abstract: This report was implemented in March 1986 as part of the procedures used to administer the Federal Reserve Board’s Payments System Risk (PSR) policy. A key component of the PSR policy is a limit, or a net debit cap, on an institution’s negative intraday balance in its Federal Reserve account. The Federal Reserve calculates an institution’s net debit cap by applying the multiple associated with the net debit cap category to the institution’s capital. For foreign banking organizations (FBOs), a percentage of the FBO’s capital measure, known as the U.S. capital equivalency, is used to calculate the FBO’s net debit cap. Currently, an FBO with U.S. branches or agencies may voluntarily file the FR 2225 to provide the Federal Reserve with its capital measure. Because an FBO that files the FR 2225 may be able to use its total capital in the net debit E:\FR\FM\27APN1.SGM 27APN1

Agencies

Federal Maritime Commission

[Federal Register Volume 70, Number 80 (Wednesday, April 27, 2005)]
[Notices]
[Page 21789]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-8409]



[[Page 21789]]

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FEDERAL MARITIME COMMISSION


Ocean Transportation Intermediary License Applicants

    Notice is hereby given that the following applicants have filed 
with the Federal Maritime Commission an application for license as a 
Non-Vessel-Operating Common Carrier and Ocean Freight Forwarder--Ocean 
Transportation Intermediary pursuant to section 19 of the Shipping Act 
of 1984 as amended (46 U.S.C. app. 1718 and 46 CFR part 515).
    Persons knowing of any reason why the following applicants should 
not receive a license are requested to contact the Office of 
Transportation Intermediaries, Federal Maritime Commission, Washington, 
DC 20573.

Non-Vessel-Operating Common Carrier Ocean Transportation Intermediary 
Applicants

    Venus Lines Inc., 15 Enclosure Drive, Morganville, NJ 07751. 
Officer: Sundar varadhan Raghuveer President (Qualifying Individual).
    Echo Trans World Inc., 350 Vanderbilt Motor Pkwy., Suite 204, 
Hauppauge, NY 11788. Officer: Deror Balileti, Owner (Qualifying 
Individual).

Non-Vessel-Operating Common Carrier and Ocean Freight Forwarder 
Transportation Intermediary Applicants

    Ocean Star Shipping Inc., East 80, Route 4, Suite 410, Paramus, NJ 
07652. Officers: Lemin Li, Vice President (Qualifying Individual), 
Charles S. Wang, President.
    Apex Logistics SFO Inc., 111 Anza Blvd., Suite 120, Burlingame, CA 
94010. Officer: Hong Lee, Owner (Qualifying Individual).
    Adora International Services, dba Adora Shipping Co., 16809 FM 
1485, Conroe, TX 77306. Dora Gay Hogland, Sole Proprietor.
    Toshiba Logistics America, 9740 Irvine Boulevard, Irvine, CA 92618. 
Officers: Lisa Brown, Asst. Sec. of NVO Oper. (Qualifying Individual), 
Masato Hamzaki, President.
    Dama Cargo Logistics, Corp., 11356 SW 85 Lane, Miami, FL 33173. 
Officers: Cesar A. Baez, Secretary (Qualifying Individual), Raymond A. 
Alonzo, President.

    Dated: April 22, 2005.
Bryant L. VanBrakle,
Secretary.
[FR Doc. 05-8409 Filed 4-26-05; 8:45 am]
BILLING CODE 6730-01-P

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