FMC Adjusts Penalties for Inflation
The Federal Maritime Commission is adjusting its civil monetary penalties for inflation, the agency said in a notice released Jan. 13. The new amounts include higher maximum penalties for various violations of the Shipping Act and other shipping rules, including…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
“adverse impact on U.S. carriers by foreign shipping practices.” The changes take effect Jan. 15.