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Posts Tagged ‘Industry Advisory’
Industry Advisory – Requirement to File Timely and Accurate Service Contracts
The Federal Maritime Commission reminds vessel-operating common carriers (VOCCs) they must file all service contracts and amendments to service contracts in the Commission’s SERVCON system no later than thirty (30) days after the effective date. Failure to file service contracts in accordance with 46 CFR Part §530 could result in… Read More »
Industry Advisory — Demurrage & Detention Billing Practices
Vessel-Operating Common Carriers (VOCCs) are required to comply with demurrage or detention billing practices established by the Ocean Shipping Reform Act of 2022 (PL 117-146). As previously advised to the trade, there is no phase-in period for this provision of law. The law, and its requirements, related to demurrage and… Read More »
Industry Advisory — Interim Procedures for Submitting “Charge Complaints” Under 46 U.S.C. § 41310
The Federal Maritime Commission gives the following guidance for parties wishing to dispute charges assessed by common carriers that they believe may not comply with the Ocean Shipping Reform Act of 2022, which became Public Law 117-146 on June 16, 2022. Parties interested in filing such “Charge Complaints” at the… Read More »
Industry Advisory — Applicability of Provisions Contained in PL 117-146
On June 16, 2022, the Ocean Shipping Reform Act of 2022 became Public Law 117-146. Certain provisions of the statute became effective immediately upon enactment with no allowance for a phase-in period. Regulated entities must comply with all relevant statutory requirements. An opinion of the General Counsel on this issue… Read More »