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"K"Line, MOL, NYK agreement for container service rejected

The US Federal Maritime Commission announced that rejects on jurisdictional grounds the “Tripartite Agreement”, an agreement of three carriers to form a joint container shipping service. The agreement was filed at the Commission on March 24, 2017 by K Line, MOL, and NYK.

East Coast Port Gateway Terminal Agreement to go into effect

Port authorities in Virginia and Georgia are said to be allowed to engage in discussions about a variety of commercial and operational topics as a result of the FMC voting to allow the “East Coast Port Gateway Terminal Agreement” to enter into force.

US FMC to ease ocean transportation regulatory

The US Federal Maritime Commission has voted to amend its rules involving Service Contracts and NVOCC Service Arrangements in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced.

FMC: Lessons learned from Hanjin Shipping bankruptcy

The August 2016 collapse of Hanjin Line was a wake-up call for the entire ocean transportation supply chain, Commissioner with the US Federal Maritime Commission, said at 2017 TPM Conference. More than $14 Billion in cargo was stranded at sea and ships were scattered all over the globe at anchor or just outside territorial waters.

Georgia, Virginia file East Coast gateway terminal agreement

The Georgia Ports Authority and the Virginia Port Authority have joined hands in order to file with the Federal Maritime Commission to create new agreement which encourages voluntary cooperation in the areas of operational and supply chain efficiencies, safety, communications and customer service.

Ro/Ro carriers allowed to use limited joint procurement authority

The FMC has announced the entry into force of the agreement which allows ro-ro vessels deployed in services covered by the WWL/EUKOR/ARC/Glovis Cooperative Working Agreement to engage in joint negotiation for procurement of tug services at all US ports beginning on January 23.

Miami Terminal Conference Agreement approved

An agreement between two marine terminal companies located at the Port of Miami enters into force, permitting those parties to seek cooperation and commonality in both business and operating matters the FMC announced.

Businesses ask FMC to make changes to the Shipping Act

The Shippers in the US ask the FMC to adopt a policy that would require free days to be extended during times of port congestion, weather-related events, port disruptions or delays caused by government actions or requirements beyond the control of the parties picking up or returning containers.

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