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FMC eases contract guidelines for carriers

Container lines will be better placed to ship more last-minute cargoes to and from the US after the Federal Maritime Commission (FMC) acquiesced to requests from the World Shipping Council (WSC) to ease rules regarding when shipping lines need to file original service contracts with US authorities.

The amendment formalises an existing waiver for shipping companies that allows them to file details of contracts up to 30-days after they go into effect, loosening former FMC regulations that require the filing of initial service contracts with the FMC before a carrier is permitted to receive and move cargo under the terms of that contract. The new rules will come into effect on 2 June 2021, when the existing waiver was due to lapse.

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