FMC Top Guns Meet with MARAD Administrator

FMC Chairman Mario Cordero and Commissioner William P. Doyle met recently with Acting Maritime Administrator Paul “Chip” Jaenechin. Topics of discussion included: U.S. – China Transportation Forum, Proposed P 3 Alliance, SISI Briefing, U.S.-flag International Fleet. 

U.S. – China Transportation Forum
The Federal Maritime Commission and the Maritime Administration will participate in the U.S. – China Transportation Forum later this month.  FMC Commissioner Doyle will attend the forum as part of the U.S. delegation on behalf of the Commission.  The agenda for this forum is still being formalized between the United States and China.

P3 Alliance
The P3 Alliance is being proposed by the world’s three largest container carriers – Maersk, CMA CGM and MSC.  Chairman Cordero stated that the Alliance has not filed any formal agreements with the FMC, and that any proposed Alliance will be subject to the review of appropriate agencies in the European Union, China and the United States.

SISI briefing
Commissioner Doyle summarized the recent meeting that he and FMC Commissioner Lidinsky held with representatives of China’s Shanghai International Sipping Institute (SISI) where, among other matters, China’s Value Added Tax (VAT) and the proposed P3 Alliance were discussed.

Finally, the officials discussed synergies between agencies and the international U.S.-flag fleet.

The Federal Maritime Commission is the federal agency responsible for regulating the nation’s international ocean transportation for the benefit of exporters, importers, and the American consumer.