Ringing in 2024, the Federal Maritime Commission (FMC) issued a final rule that made several significant changes to the rules applicable to automated tariffs filed by ocean carriers. The first FMC rule of 2024 may indicate that the FMC will take additional steps over the course of the year to implement additional provisions of the Ocean Shipping Reform Act of 2022 (OSRA), which is the most significant change in US shipping legislation since 1998.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.