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FMC Technologies Unit Agreement Extension With Statoil

FMC Technologies, Inc. announced that its FMC Energy Systems business has signed an extension of its existing subsea service agreement with Statoil ASA to provide technical services and subsea equipment for an additional two years, with an option for two more years beyond that. Under the terms of the extension, FMC Energy Systems expects to receive approximately $60 million per year. The agreement comprises technical services in connection with completion, workover, installation, maintenance and other activities associated with subsea field development. The contract also includes provision of additional equipment for Statoil-operated fields previously supplied by FMC Kongsberg Subsea AS, the Company's Norway-based subsidiary. "We are pleased that Statoil has extended this service agreement," said Peter D. Kinnear, Vice President -- FMC Energy Systems. "This reflects our extensive experience as a subsea solutions provider in the North Sea, as well as the strength of our relationship with Statoil."

FMC Issues Notice

The Federal Maritime Commission (FMC) has issued a notice stating that it is extending the period in which comments may be submitted in regards to the investigation of shipping restrictions, requirements, and practices of the People's Republic of China. The FMC is extending the comment date to June 27, 2002.

FMC to Determine Whether PRPA Entitled to Sovereign Immunity

The Federal Maritime Commission (FMC) issued an Order directing parties in three ongoing disputes involving the Puerto Rico Ports Authority (PRPA) to file additional briefs specifically addressing whether or not PRPA is an arm of the government of the Puerto Rico and entitled to sovereign immunity for purposes of actions brought before the FMC by third parties. Source: HK Law

LEGAL: FMC Investigates Exclusive Tug Agreements

The Federal Maritime Commission, or FMC, is currently making a formal investigation into exclusive tug franchise arrangements in ports in Florida and the lower Mississippi River area. The issue is whether these licenses, with which marine terminal operators grant exclusive towing licenses to certain tug companies, are unreasonably anticompetitive and violate the Shipping Act of 1984. The FMC initially began an inquiry into supposed exclusive franchise agreements involving some tug operators

FMC Compromise Agreements

The Federal Maritime Commission (FMC) issued a Notice reporting that it entered into nine compromise agreements with vessel-operating common carriers (VOCCs), ocean transportation intermediaries (OTIs), freight forwarders, and proprietary shippers regarding alleged violations of the Shipping Act of 1984. Under the agreements, the FMC will recover an aggregate amount of $549,000 in civil penalties. Source: HK

FMC Reopens Comment Period for Service Contract Petitions

The Federal Maritime Commission (FMC) issued a series of orders reopening the comment period, through January 16, 2004, on the petitions by non-vessel-operating common carriers (NVOCCs) for exemption from the prohibition against use of confidential service contracts. Interested persons may also request one-on-one meetings with individual Commissioners to describe their views. The FMC also denied several motions by parties to be allowed to submit reply briefs.

Supreme Court Finds States Immune from FMC Action

In a sharply divided decision (5-4), the U.S. Supreme Court ruled that the concept of sovereign immunity protects states from having to answer private complaints before the Federal Maritime Commission (FMC). In the instant case, a cruise line filed a complaint with the FMC against the South Carolina State Ports Authority alleging that the Authority violated the Shipping Act of 1984 when it refused berthing space and passenger services

MPA Entitled to Sovereign Immunity in FMC Action

The Federal Maritime Commission (FMC) ruled that the Maryland Port Authority is entitled to sovereign immunity from the regulatory adjudication of a privately-filed Shipping Act complaint. In the instant case, a marine terminal company filed an action with the FMC alleging that the port authority was violating the Shipping Act of 1984 in its negotiations with the company on lease terms. In this long-running action, the FMC found the port authority to be an arm of the State of Maryland and

FMC Technologies Receives $125 Million Order From Petrobras


FMC Technologies (NYSE: FTI) announced today that it has received a $125 million order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame agreement that was announced in February of 2010.  Equipment deliveries are scheduled to begin in 2013.

FMC Commissioner Comments on Key Shipping Issues at LA Forum

Commissioner William P. Doyle: Photo credit FMC

U.S. Federal Maritime Commissioner Doyle spoke to the Global Shippers Forum in Los Angeles and discussed Ro/Ro price fixing matters; the newly approved cooperation agreement between the ports of Seattle and Tacoma; the first PVO company to take advantage of the alternative bonding mechanisms; China VAT; Commission's 6 (g) Analysis, and the Suez/Panama Canal routes. Extracts from the Commissioner's address at the Forum follow:

FMC's Doyle Addresses VGM Rules

William P. Doyle (Photo: FMC)

U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement on the upcoming implementation of the SOLAS Convention’s verified gross mass (VGM) requirements:   On Friday, June 24, 2016, I voted to allow the Port Operations and Safety Discussion Agreement to

Op/Ed: Supply Chain Hindered by Cumbersome Regulation

Ron Atapattu, Founder & CEO, Overseas Cargo, Inc. (ShipOCI)

The Federal Maritime Commission (FMC), which has always been a valuable resource in supply chain management, announced the formation of a Supply Chain Innovations Teams that will develop commercial solutions to supply chain challenges and related port congestion concerns

Another Hurdle for The Ocean Alliance

William P. Doyle (Photo: FMC)

Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties.   The Request for Additional Information (RFAI) effectively stops the clock on the agreement until such time as the filing parties

OCEAN Alliance Gains US Approval

File photo: Port of Long Beach

The proposed OCEAN Alliance between several of the world’s largest container shippers has received approval from the U.S. Federal Maritime Commission (FMC), allowing it to become effective Monday, October 24, 2016.   The OCEAN Alliance, comprising COSCO Shipping, CMA CGM

Tidewater Subsea Charters MV Brandon Bordelon

MV Brandon Bordelon (Photo: Bordelon Marine)

Tidewater Subsea has reached a deal with Bordelon Marine to charter the newly built Jones Act compliant MV Brandon Bordelon for 60 days, plus options. The vessel is intended to be available to work in the U.S. Gulf of Mexico, Mexico and Trinidad, Bordelon Marine said.

US Maritime Commission Collects $520,000 in Penalties

The U.S. Federal Maritime Commission (FMC, the federal agency responsible for regulating the nation’s international ocean transportation, has completed compromise agreements recovering a total of $520,000 in civil penalties, announced FMC Chairman, Mario Cordero.  

Tubman Confirmed as Marad Chief Counsel

David Tubman, the new Chief Counsel in U.S. Department of Transportation’s Maritime Administration

Former FMC counsel David Tubman has served in FMC Commissioner Doyle's office as counsel since 2013 at U.S. Federal Maritime Commission. After being cleared by the White House and U.S. Department of Transportation late last week, starting today (February 22, 2016), Mr

ZIM to Enhance its Asia to US East Coast and Gulf Services

Photo: ​ZIM Integrated Shipping Services Ltd

 ​ZIM Integrated Shipping Services Ltd (ZIM) has announcd an enhanced Asia to US East Coast and Gulf service offering, with seven different weekly services, extensive direct port-to-port coverage and best-in-market Transit time from key ports in Asia to US East Coast & Gulf.  

FMC Chairman Seeks Direct Engagement on Container Weight Issue

File photo: Port of Los Angeles

Federal Maritime Commission (FMC) Chairman Mario Cordero issued a statement regarding the Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendments implementation, calling for negotiation between shippers and carriers.   "I applaud Chairman Hunter and Ranking Member Garamendi

Haimark Line Cancels Future Cruises

Passenger vessel operator Haimark Line Limited has cancelled all future cruises, the U.S. Federal Maritime Commission (FMC) has advised.   Haimark operates a single vessel, the 210-passenger Saint Laurent, and has cancelled its planned sailings from Miami to Cuba due to prolonged financial

US Leaders Work toward Supply Chain Innovation

Photo: Port of Los Angeles

The Federal Maritime Commission’s (FMC) Supply Chain Innovation Team Initiative, led by Commissioner Rebecca F. Dye, was launched today at FMC headquarters in Washington, D.C.   Over the next two-days, industry leaders from 34 companies will be working in teams with the goal of

CMA CGM Announces Emergency Operational Surcharge for Zanzibar

Photo: CMA CGM

 CMA CGM has announced to its customers that there is increasing deterioration of the port congestion up to 15 days in Zanzibar, Tanzania, which is beyond their control.   CMA CGM will implement an Emergency Operational surcharge in Zanzibar applicable to all shipments until further

FMC Chairman Applauds USCG Statement on Container Weights

Photo: Port of Oakland

Federal Maritime Commission (FMC) Chairman Mario Cordero commended the Coast Guard for issuing a bulletin last week regarding container weights that he hopes allows parties to agree how they will operate after new Safety of Life at Sea Treaty (SOLAS) amendments come into force later this year.

New Global Shipping Alliance a Reality Soon

Image: Hapag-Lloyd

 Major container shipping lines are preparing a lineup a new tie-up -  a new global alliance - to respond to rapid container shipping consolidation, reports WSJ.   William Doyle, member of U.S. shipping regulator Federal Maritime Commission (FMC) said that representatives of the

FMC Chairman Addresses US-China Regulatory Issues

FMC Chairman Cordero (center) co-led US Delegation to US-PRC Bilateral Maritime Consultations in Los Angeles, June 2016 (Photo: Eric Shen, USDOT)

Consolidation of shipping lines, realignment of carriers alliances, environmental improvements in the shipping industry and achieving supply chain efficiencies were all among topics addressed during the U.S.-China Bilateral Maritime Consultations held in Los Angeles last week.  

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