FMC Issues Vessel Financial Responsibility Proposal

Monday, October 28, 2002
The Federal Maritime Commission (FMC) issued a Notice of Proposed Rulemaking (NPRM) that would, if adopted, eliminate the current ceiling on required coverage of financial responsibility for nonperformance, adjust the amount of coverage required by providing for consideration of obligations of credit card issuers, provide for use of alternative dispute resolution, revise the application form, and make a number of technical adjustments to the Performance and Casualty regulations. Comments should be submitted by January 8, 2003. Source: HK Law
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

Claxton’s Camera Upgrade Puts Crane Safety in Focus

Claxton Engineering Services Ltd, an Acteon company, launched the latest version for its ATEX and safe-area crane boom cameras to improve operational safety through

Marine Toilet Features Simple Installation

The new straightforward design of Raritan's SeaEra QC toilet is engineered to ensure simple installation onboard a vessel. It also gives boat owners a choice of controls for maximum flexibility.

European Launch of SMS at Counter Terror Expo

Kelvin Hughes is delighted to announce that it will be displaying its new Single Mast Solution (SMS) at Counter Terror Expo 2014 from April 29-30. This will be

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar
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: 0.1138 sec (9 req/sec)