Commission Raises Penalty Fees
The Federal Maritime Commission will increase the penalty fees assessed for statutory violations effective January 15, 2018 as required by the Federal Civil Penalties Inflation Adjustment Act of 2015. The increases are tied to the rate of inflation.
Fees for Knowing and Willful violations of the Shipping Act will increase to $58,562.00, from $57,391.00; and, fees for Not Knowing and Willful violations of the Shipping Act will increase to $11,712.00 from $11,478.00.
The Commission will increase the fees for 11 different penalties. The complete list of fees is published in the Federal Register and on the Commission’s website.