Regulatory Compliance, Shipping Industry 15 Jan 2025 compliance, regulation, federal maritime commission, shipping, maritime, legal
Compliance, Financial Implications 14 Jan 2025 compliance, regulations, administrative practice and procedure, civil monetary penalties, inflation adjustment, penalties, claims, federal maritime commission, maritime business

📈Federal Maritime Commission Inflation Adjustment of Penalties 2025

The Federal Maritime Commission (Commission) is publishing this final rule to adjust for inflation the civil monetary penalties assessed or enforced by the Commission, pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Act). The 2015 Act requires that agencies adjust and publish their new civil penalties by January 15 each year.

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Regulatory Compliance, Trade Agreements 8 Jan 2025 compliance, federal maritime commission, shipping act, maritime logistics, agreements
Compliance, Legal, Shipping 7 Jan 2025 regulatory compliance, federal maritime commission, class action, litigation, policy statement

⚖️FCA Policy on Class Action Complaints

The Federal Maritime Commission (Commission) is issuing this document to advise the public of the availability of a new policy statement. The policy statement explains that private parties are not precluded from bringing class action complaints at the Commission.

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Compliance, New Trade Agreements 2 Jan 2025 federal maritime commission, logistics, network shipping, maersk, shipping act, space charter, trade agreements
Compliance, Regulatory Requirements 2 Jan 2025 regulatory compliance, administrative practice and procedure, ocean common carriers, federal maritime commission, export policy, vessel accommodations

📄FMC Final Rule on Unreasonable Refusal to Deal with Vessel Space

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.

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