FMC Grants Chinese Petitions

Thursday, April 01, 2004
The Federal Maritime Commission (FMC) issued a Press Release stating that it granted the petitions of three Chinese controlled carriers for relief from the 30-day waiting requirement for reduction of tariff rates. The FMC also issued a Final Rule amending its regulations governing financial responsibility to permit licensed NVOCCs, at their option, to file proof of additional financial responsibility as an alternative to meet a Chinese requirement to demonstrate financial responsibility for NVOCCs operating in China. The Final Rule will be effective upon its publication in the Federal Register. Finally, the FMC is soliciting comments from those involved in maritime trade with China regarding shipping restrictions, requirements, and practices, particularly in light of the recent bilateral Maritime Agreement between the two nations. Comments should be submitted by June 1. (HK Law).
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Egyptian Vessel Sinks

Taba, an Egyptian ferry, carrying passengers, cargo and trucks, sank in the Red Sea early on Sunday, according to state-owned news agency MENA.   The 6,600-gt

Fincantieri to Supply Four OPVs to the Bangladesh Coast Guard

Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and

Saab Bags $1 bln Order for Swedish Submarines

The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1971 sec (5 req/sec)