Chairman Cordero Testifies to Congress Regarding the Federal Maritime Commission’s Re-authorization

STATEMENT OF MARIO CORDERO, CHAIRMAN FEDERAL MARITIME COMMISSION BEFORE THE COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE SUBCOMMITTEE ON COAST GUARD AND MARITIME TRANSPORTATION UNITED STATES HOUSE OF REPRESENTATIVES Good morning Chairman Hunter, Ranking Member Garamendi, and members of the Subcommittee. Thank you for the opportunity to address you today on matters related to the Commission’s re-authorization.[…]

FMC Chairman Calls for Global Regulatory Summit on P3 Alliance

Contact: Karen V. Gregory, Secretary (202-523-5725) The U.S. Federal Maritime Commission Chairman, Mario Cordero, issued a call to fellow regulators in the European Union and the People’s Republic of China, to join with him in a Global Regulatory Summit on the proposed P3 Global Alliance of the world’s three largest container carriers, Maersk Line, CMA-CGM,[…]

Compromise Agreements Recover $617,500 in Penalties

Media Contact: Karen V. Gregory, Secretary (202-523-5725) The Federal Maritime Commission has completed seven compromise agreements recovering a total of $617,500 in civil penalties. The agreements were reached with nine non-vessel-operating common carriers (NVOCCs) and freight forwarders located in the U.S. and abroad. The agreed penalties resulted from investigations conducted by the Commission’s Area Representatives[…]

Concern Expressed Over Impact of China’s New VAT

Contact: Karen V. Gregory, Secretary (202) 523-5725 During its closed meeting today, the Commission discussed the People’s Republic of China’s new regulations on implementation of a nationwide value added tax (VAT) on international transportation services. This new tax was implemented by China on August 1, 2013. A number of maritime industry stakeholders have expressed concerns regarding[…]

FMC Suspends Operations Due to Federal Government Shutdown

Contact: Karen V. Gregory, Secretary (202-523-5725) The Federal Maritime Commission is closed effective Tuesday, October 1, 2013 as part of the federal government shutdown due to a lapse in the current fiscal year appropriations. The Commission will resume normal operations when appropriations legislation is enacted and the federal government reopens. With the exception of the Chairman[…]