FMC Assesses Civil Penalty of $1.5 Million Against Foreign NVOCC

Monday, March 03, 2003
The Federal Maritime Commission (FMC) released its Report and Order affirming Initial Decision finding that a non-vessel-operating common carrier (NVOCC) based in Taiwan had violated the Shipping Act of 1984 on various occasions and assessing a civil penalty of $1,530,000. The NVOCC was found to have knowingly and willfully obtained ocean transportation at less than applicable rates by accessing service contracts to which it was neither a signatory nor an affiliate of a signatory. Docket No. 01-10
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Denmark Issues New Pilotage Regulations

In an effort to make the pilotage market more efficient, the Danish Maritime Authority (DMA) issued several new regulations following on amendments to the pilotage act.

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1000 sec (10 req/sec)