FMC Enforces Adherence to Tariff

Wednesday, January 23, 2002
The Federal Maritime Commission (FMC) issued a Report and Order adopting in part and vacating in part the Initial Decision of an ALJ regarding instances of a Non-Vessel-Operating Common Carrier (NVOCC) obtaining ocean transportation of property at rates different from its published tariff. The ALJ found the violation to have been committed and, among other things, ordered that the 'shell' tariff of the NVOCC be suspended and ordered the NVOCC to publish a reasonable tariff. The Commission held that the FMC has no authority to judge the reasonableness of a published tariff. Its authority extends to ensuring that the rates charged adhere to the published tariff. Source: HK Law
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Odfjell Drilling in Tighter 2Q North Sea Market

Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million),

Brazil AHTS Contract Breakthrough for Havyard

Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian

EOC Takes Full Ownership of OSVs

On 26 August 2014, EOC Limited agreed to acquire 50% of the entire issued share capital of Lewek Antares Shipping Pte. Ltd. (the "Target") , a company incorporated under the laws of Singapore,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction 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: 0.0828 sec (12 req/sec)