GCTL8.com (FocusAsia Media Ltd)

WASHINGTON, Mar 10 (FAM) – The U.S. Federal Maritime Commission has voted unanimously to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced.

The commission first initiated action in this matter in February 2016 with the publication of an Advance Notice of Proposed Rulemaking. A Notice of Proposed Rulemaking (NPRM) was issued in August 2016. Certain proposed changes in the NPRM were not adopted by the commission as they would not necessarily have decreased business burdens.