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[…]