The Federal Maritime Commission Chairman announced that the Commission has completed compromise agreements recovering a total of $520,000 in civil penalties. The agreements were reached with four ocean transportation intermediaries (both non-vessel-operating common carriers and freight forwarders) and one vessel-operating common carrier. The agreed penalties resulted from investigations conducted by the Commission’s Area Representatives in Seattle and New York, and by Washington D.C. headquarters staff. The parties settled and agreed to penalties, but did not admit to violations of the Shipping Act or Commission regulations.
To read the entire FMC Press Release please follow this link: FMC Collects $520K
To read the entire FMC Press Release please follow this link: FMC Collects $520K
