Federal Maritime Commission February 26, 2013 – Federal Register Recent Federal Regulation Documents

The Federal Maritime Commission proposes to impose registration requirements on foreign-based unlicensed non-vessel- operating common carriers (NVOCCs) and to extend an exemption from certain provisions and requirements of the Shipping Act of 1984 and the Commission regulations to foreign-based unlicensed non-vessel-operating common carriers that agree to negotiated rate arrangements (NRAs). The extension of the exemption is to make NRAs more useful and to enhance competition among all NVOCCs.