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).

Navy

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

Australia Warns DCNS after Security Breach

Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines,

Scorpene Submarine Data Leak: Setback to Indian Navy

India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities

 
 
Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair 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: 0.1387 sec (7 req/sec)