FMC Approves NVOCC Service Arrangements Rulemaking

Thursday, December 16, 2004
The Federal Maritime Commission announced that it would issue a Final Rule in Docket No. 04-12, Non-Vessel-Operating Common Carrier Service Arrangements, 46 CFR Part 531, to exempt non-vessel-operating common carriers (NVOCCs) from the publication requirements of the Shipping Act of 1984, subject to certain conditions. The Final Rule will allow NVOCCs and their affiliates to offer NVOCC Service Arrangements, or NSAs, to their shipper customers. NVOCCs will now be permitted to agree, on a confidential basis, with their shipper customers on the terms and conditions of service. Cargo moved under NSAs will be exempt from the tariff publication requirements of the Shipping Act.

The Final Rule permits NVOCCs acting as carriers to offer NSAs to non-NVOCC shippers. The Commission found that, in light of recent judicial determinations, it must limit the exemption in such a way in order to meet the substantive requirements of its exemption authority under section 16 of the Shipping Act of 1984 to ensure against substantial harm to competition. The Final Rule will become effective on January 19, 2005.

In filed comments, numerous individual NVOCCs and NVOCC trade associations urged the Commission to act as expeditiously as possible to grant the proposed relief. Chairman Steven R. Blust remarked, "The Rulemaking will provide shippers with a broader range of service options, and greater opportunities for integrated supply chain solutions. I am confident that, as the use of NSAs develops over time, they will ultimately lead to greater competition and a more efficient shipping industry."

(HK Law)

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Largest Vessel to Call ICTSI, Rijeka

Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently

MOL President Reports Slack Performance

MOL President, President, Koichi Muto reported that the performance of the company was slack.   Muto reported, "I am sad to report that our business performance fell short,

Focus on Environment at Suny Maritime

The State University of New York Maritime College’s 140th Anniversary Speaker Series presented a panel discussion on March 26 in the College’s Maritime Academic Center.

Coast Guard

Bulk Carrier Runs Aground in Delaware River (Link to Video)

Coast Guard Sector Delaware Bay is investigating a ship aground in the Delaware River near the Burlington Bristol Bridge, which connects Burlington, NJ and Bristol Township, PA.

Donjon-SMIT Relocating to Houston

Alexandria, VA- Donjon-SMIT, the unique provider of Oil Pollution Act of 1990 (OPA 90) Salvage and Marine Firefighting (SMFF) services established by Donjon Marine Co.

Damen Delivers Stan Patrol Vessel to RBDF

The Royal Bahamas Defence Force (RBDF) has taken delivery of the fourth and final Stan Patrol 4207, named HMBS Rolly Gray. The four Stan Patrol 4207s form part of the six-year Sandy Bottom project.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
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: 0.1645 sec (6 req/sec)