📄FMC Final Rule on Unreasonable Refusal to Deal with Vessel Space
Definition of Unreasonable Refusal To Deal or Negotiate With Respect to Vessel Space Accommodations Provided by an Ocean Common Carrier
Summary
The Federal Maritime Commission (FMC or Commission) received approval from the Office of Management and Budget (OMB) for an information collection request associated with the final rule, "Definition of Unreasonable Refusal to Deal or Negotiate with Respect to Vessel Space Accommodations Provided by an Ocean Common Carrier." This rule announces the effective date for the requirements for ocean common carriers to annually file a documented export policy with the Commission and provides implementing instructions. In the final rule published July 23, 2024, the Commission stated it would publish a document in the Federal Register (FR) announcing the effective date of the collection-of-information-related sections upon OMB approval. This rule establishes the effective date of the relevant provisions. It also corrects an error in the regulatory text.
Agencies
- Federal Maritime Commission
Business Impact
$$ - Med
This content imposes regulatory compliance requirements on ocean common carriers to file documented export policies, with deadlines set for initial and annual filings. This necessitates action from affected businesses, impacting their operational procedures and financial reporting.