7.9 C
Friday, October 7, 2022
Home Sticky News FMC requests comments on benefits of issuing emergency order requiring information sharing

FMC requests comments on benefits of issuing emergency order requiring information sharing

The US Federal Maritime Commission (FMC) is seeking public comment on whether supply chain congestion has created conditions that warrant the issuance of an emergency order requiring common carriers and marine terminal operators (MTOs) to share information with shippers, truckers and railroads.

The Ocean Shipping Reform Act of 2022 (OSRA), enacted as Public Law 117-146, authorises the Federal Maritime Commission to issue such an emergency order after seeking comment from the trade on three questions.

First, whether the congestion created an emergency of such magnitude as to have a significant adverse effect on the competitiveness and reliability of the international maritime transport supply system.

Second, whether an emergency order to be issued by the Commission will mitigate the emergency.

Third, what would be the appropriate scope of an emergency order issued by the Commission.

The emergency order may remain in place for up to 60 days, although the Commission could renew the order. Both issuance and renewal require a unanimous vote by the Commission.

Latest Posts

Hapag-Lloyd revises CGX service port rotation

German carrier Hapag-Lloyd has upgraded its China-German Express (CGX) service with the expansion of the port coverage, which will now include the ports of...

MABUX reports upward trend in bunker indices

Over Week 40, Marine Bunker Exchange (MABUX) global bunker indices turned to upward evolution with the 380 HSFO index increasing last week to US$502.55/mt,...

Maersk’s Performance Team deploys first Volvo electric trucks in Southern California

Maersk-owned Performance Team has deployed its first Class 8 battery-electric trucks from Volvo Trucks North America in Southern California in response to customer demand...

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...

Port Houston orders 26 hybrid Konecranes RTGs

Port Houston has ordered 14 hybrid Konecranes rubber tyred gantry cranes (RTGs) for its Barbours Cut Container Terminal and 12 hybrid Konecranes RTGs for...