Navigating the Ocean Shipping Reform Act, Part Two: New Rules and Big Changes

After the June 2022 enactment of the Ocean Shipping Reform Act (OSRA), the Federal Maritime Commission (FMC) issued a notice of proposed rulemaking (NPRM) in October 2022, relating to demurrage and detention billing requirements. The FMC proposed several actions in the NPRM, including adopting a list of minimum information that common carriers must include in …

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