Commission Issues Order in Petition No. P3-18
The Federal Maritime Commission issued an Order today partially granting Petition No. P3-18 for exemption filed by the World Shipping Council, seeking regulatory relief from 46 U.S.C. 40502(b) and (d).
The Order grants an exemption from the requirement to publish the essential terms of service contracts, and denies a requested exemption from the requirement to file service contracts with the Commission.
The Commission voted during a public meeting on September 26, 2019 to proceed with this Order and a proposed rule that will implement the exemption from essential terms publication. In accordance with her vote at that time, Commissioner Rebecca F. Dye dissented today from the Commission’s Order, stating she would have granted the petition in its entirety. A proposed rule will be issued for comment in the new year