Passenger Vessel Operator Financial Responsibility Requirements for Non-Performance of Transportation
The Federal Maritime Commission requests additional comments and information in order to assist the Commission's determination whether passenger vessel operators may be deemed ``small entities'' under the Regulatory Flexibility Act (as amended by the Small Business Regulatory Enforcement Fairness Act).
Performance Review Board
Notice is hereby given of the names of the members of the Performance Review Board.
Adjustment of the Amount for the Optional Rider for Proof of NVOCC Financial Responsibility for Trade With the People's Republic of China
The Federal Maritime Commission proposes to amend its rules regarding the amount of bond coverage required in its optional China Bond Rider for Non-Vessel-Operating Common Carriers (NVOCCs). The proposed rule is intended to provide NVOCCs with the ability to post a bond with the Commission that satisfies the equivalent of 800,000 Chinese Renminbi, for which the equivalent dollar amount has fluctuated since the regulation was first adopted by the Commission.