Monthly Archives: January 2012

Federal Maritime Commission To Adjust Optional Bond for China Operations

The Federal Maritime Commission today issued a Notice of Proposed Rulemaking regarding the bond limits of a Non-Vessel-Operating Common Carrier who needs to do business in China. At present an NVOCC is required to carry a basic bond of $75,000,

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Posted in All Advisories, Antitrust & Competition Law, International Law, Practice & Industries, Shipping, Transportation