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The Federal Maritime Commission (FMC) has issued a final rule in Docket No. 04-12, Non-Vessel Operating Common Carrier Service Arrangements, 46 CFR Part 531, which exempts non-vessel operating common carriers (NVOCCs) from the tariff publication requirements of the Shipping Act of 1984 (Shipping Act), subject to certain conditions.
This final rule takes effect on January 19, 2005. Once it is in effect, it will allow NVOCCs and their affiliates to offer NVOCC Service Arrangements (NSAs) to their shipper customers. NVOCCs will be permitted to agree, on a confidential basis, with their shipper customers on the terms and conditions of service. In addition, cargo moved under NSAs will be exempt from the tariff publication requirements of the Shipping Act.
Highlights of Changes Made to Final Version of NSA Rule
The following are highlights of the differences between this final rule and the October 2004 proposed rule ... ( More )
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