Marine Link
Tuesday, September 27, 2016

FMC Issues Vessel Financial Responsibility Proposal

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 Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News