FMC
Federal agency responsible for regulations under FMC.
4 regulationsDemurrage and Detention Billing Requirements Properly Issued Invoices Provision Set Aside by Court
A federal court has set aside a rule that required shipping companies to issue proper invoices when charging customers for demurrage and detention fees (charges for keeping shipping containers longer than allowed). This decision means the Federal Maritime Commission's billing requirements for these charges are no longer in effect, which could affect how shipping companies bill their customers.
Delegations of Authority and Descriptions of Organization Components
The Federal Maritime Commission is clarifying how power and responsibilities are distributed among its different departments and offices. This helps ensure the agency runs smoothly and citizens know which office to contact for specific maritime shipping issues.
Civil Monetary Penalty Inflation Adjustment
The Federal Maritime Commission is adjusting the penalties it can impose for rule violations to keep up with inflation. This means companies that break maritime shipping rules may face higher fines than they did before, ensuring that penalties remain meaningful as the cost of living increases over time.
Definition of Unreasonable Refusal to Deal or Negotiate with Respect to Vessel Space Accommodations Provided by an Ocean Common Carrier
This regulation sets rules for when ocean shipping companies can fairly refuse to provide cargo space on their ships. It prevents shipping companies from unreasonably denying space to customers, which helps ensure fair competition and reliable service for businesses that need to transport goods internationally.