US FMC Eases Service Contract Filing Requirements
Maritime Activity Reports, Inc.
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Shippers and carriers will soon have more flexibility in meeting service contract filing requirements as the result of a rule change approved by the U.S. Federal Maritime Commission (FMC) going into effect on June 2, 2021.
The final rule amends existing regulations so ocean carriers will be able to file original service contracts with the commission up to 30-days after they go into effect. Current FMC regulations require the filing of initial service contracts with the FMC before an ocean carrier is permitted to receive and move cargo under the terms of that contract.
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