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The Federal Maritime Commission
(FMC) is proposing the most significant changes since 1998 to
its regulations governing the licensing and regulation of Ocean
Transportation Intermediaries (OTIs). Come and learn more about
the Revisions to the procedures for licensing OTIs; Revised
regulations specifying the types of character criteria and
background scrutiny that the Commission will look at in
evaluating OTI applicants; Increases in the bonding and financial
security amounts required of NVOCCs and ocean freight forwarders;
and much more....
The
Commission is seeking public comments on its proposed OTI
regulatory changes by July 31, 2013. The proceeding is FMC,
Docket No. 13-05, Amendments to Regulations Governing
Ocean Transportation Intermediary Licensing and
Financial Responsibility Requirements and General Duties, 78 Fed.
Reg. 32946 (May 31, 2013).
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