SEPTEMBER 2016 NEWSLETTER - A FOR THE IDEA, D FOR IMPLEMENTATION
In a ruling late last year, the Federal Maritime Commission (FMC) adopted a
change requiring all Ocean Transportation Intermediaries (OTI’s) to renew
their registration for foreign NVO’s or renew their licenses for Domestic
NVO’s every three years. Previously, OTI registration and license renewals
were not required. With the first required license renewals due recently, it
appears those organizations affected first are the foreign-based NVOCC’s.