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BEFORE the Federal Maritime Commission Fmc Form
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People also ask
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What is the role of the FMC?
The Federal Maritime Commission (FMC) is the independent federal agency responsible for regulating the U.S. international ocean transportation system for the benefit of U.S. exporters, importers, and the U.S. consumer. -
What is the Shipping Act of 1984?
Shipping Act of 1984 - Makes this Act applicable to agreements by or among ocean common carriers to: (1) discuss, fix, or regulate transportation rates, accommodations, and other conditions of service; (2) pool or apportion traffic, revenues, net losses, or net profits; (3) allot ports or regulate the number and ... -
What is the history of the Federal Maritime Commission?
The FMC was established as an independent regulatory agency by Reorganization Plan No. 7, effective August 12, 1961. Prior to that time, the United States Federal Maritime Board was responsible for both the regulation of ocean commerce and the promotion of the United States Merchant Marine. -
What is the purpose of FMC?
About the Federal Maritime Commission. The Federal Maritime Commission (FMC) is the independent federal agency responsible for regulating the U.S. international ocean transportation system for the benefit of U.S. exporters, importers, and the U.S. consumer. -
Why was the FMC created?
The Founding of the FMC In 1961, the Kennedy Administration and Congress decided that the tasks of regulating the activities of international liner shipping companies and promoting a healthy U.S. merchant marine should be pursued by separate agencies. -
What are the FMC regulations in the US?
The Federal Maritime Commission regulates the waterborne foreign commerce of the United States. It ensures that U.S. oceanborne trades are open to all on fair and equitable terms and protects against concerted activities and unlawful practices.
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