FMC settles with eight firms

Monday, February 27, 2012

The Federal Maritime Commission announced earlier this month compromise agreements with eight NVOCCs and related companies that will result in a total of $490,000 in civil penalties. The parties settled and agreed to penalties, but did not admit to violations of the Shipping Act or FMC regulations. The agreements were with: Orient Express Container Co. Ltd, a tariffed and bonded NVOCC located in Tortola, British Virgin Islands, OEC Freight (NY) Inc., a licensed NVOCC and frei...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.