Marine Link
Sunday, November 24, 2024

FMC Assesses Civil Penalty of $1.5 Million Against Foreign NVOCC

Maritime Activity Reports, Inc.

March 3, 2003

The Federal Maritime Commission (FMC) released its Report and Order affirming Initial Decision finding that a non-vessel-operating common carrier (NVOCC) based in Taiwan had violated the Shipping Act of 1984 on various occasions and assessing a civil penalty of $1,530,000. The NVOCC was found to have knowingly and willfully obtained ocean transportation at less than applicable rates by accessing service contracts to which it was neither a signatory nor an affiliate of a signatory. Docket No. 01-10

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week