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Archive for 2019

Commissioner Daniel Maffei visits NYSHEX HQ in New York

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On October 2, 2019, Commissioner Daniel Maffei met with Mr. Gordon Downes, CEO of the New York Shipping Exchange (NYSHEX), at the company’s headquarters in lower Manhattan. NYSHEX was founded in 2014 with the intention of establishing enforceable “NYSHEX Forward Contracts” which impose penalties on either the shipper or carrier… Read More »

September 2019 Activity Report

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STATEMENTS & ANNOUNCEMENTS FMC Votes in September Meeting on Carrier Petition & Changes to Enforcement Proceedings The Federal Maritime Commission voted to move forward with proposed rules that would provide partial regulatory relief sought by a petition of ocean carriers, would implement regulatory changes mandated by recent legislation, and publish… Read More »

Commissioner Sola Meets with Ex-Im President Reed

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Commissioner Louis Sola and Kimberly A. Reed, President and Chairman of the Export-Import Bank of the United States, met recently to discuss issues related to international trade. Topics discussed included challenges some U.S. companies must overcome to access and compete in certain overseas markets, the competitive advantage well functioning supply… Read More »

Commissioners Maffei & Sola Travel to Gulf of Mexico Ports

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Last month, Commissioners Daniel B. Maffei and Louis E. Sola traveled to several ports in the southeast to tour facilities and meet with industry stakeholders. The Commissioners also met with congressional staff members from the Alabama and Mississippi delegations. As a result of this trip, the Commissioners gained greater understanding… Read More »

FMC Votes in Meeting on Carrier Petition & Changes to Enforcement Procedures

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The Federal Maritime Commission (FMC) voted today to move forward with proposed rules that would provide partial regulatory relief sought by a petition of ocean carriers, would implement regulatory changes mandated by recent legislation, and publish a direct final rule that would restructure how the agency oversees enforcement matters. The… Read More »

Comment Period Extended for NPRM on Detention & Demurrage

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The Federal Maritime Commission has extended the deadline for submitting public comments on a proposed interpretive rule addressing demurrage and detention practices under the Shipping Act. Comments to the Commission are now due not later than Thursday, October 31, 2019.  Instructions for submitting comments are contained in the proposed rule. … Read More »

Malcom McLean Award Presented to Commissioner Dye

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An organization representing intermodal trucking firms that do business at ports in New York and New Jersey recognized Commissioner Rebecca Dye for her work enhancing the U.S. freight delivery system and improving cargo and equipment velocity. The Association of Bi-State Motor Carriers bestowed the “Malcom McLean Award” on Commissioner Dye… Read More »

Proposed Interpretive Rule on Demurrage and Detention Issued

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The Commission is seeking public comment on a proposed interpretive rule on demurrage and detention under the Shipping Act. This interpretive rule would provide the public with guidance about how the Commission assesses the reasonableness of demurrage and detention practices and regulations under the Shipping Act. The interpretive rule describes… Read More »