Regulation & law · 13/10/2011Updated: 10/17/2026 · 1 min read

Federal Maritime Commission Proposes Rule to Clarify Certainty of Terms of Service Contracts and NVOCC Service Arrangements

The Federal Maritime Commission is proposing a rule change to provide clarity on certainty of terms of service contracts and non-vessel-operating common carrier service arrangements, aiming to offer both certainty and flexibility for carriers and customers in long-term contracts tied to a freight rate index