The United States Federal Maritime Commission

FMCNVOCC · 发表于 2022-5-26 15:53:27

What is Federal Maritime Commission?

The United States Federal Maritime Commission (Federal Maritime Commission), which has the functions of executive legislation, quasi-judicial and law enforcement, controls and supervises Maritime commercial activities mainly involving container shipping originating and ending in the United States. Both Marine carriers and brokers are under its supervision.

Enterprises engaged in nVOCc shipping business to and from THE PORTS of the United States shall apply to the United States Federal Maritime Commission in advance and obtain nVOCC qualification. So far, more than 1,000 overseas enterprises (non-American local companies) have successfully applied for the qualification, realizing the signing of contract price with local shipping companies, and independently sending AMS/ISF and other declaration information.

What is the role of the American FMC?

To administer the rates, charges and business of shipping containers and other goods on the water in U.S. coastal trade, foreign trade and entrepot trade;
To manage the business of the container Marine transport industry and companies providing container terminal handling facilities;
To approve, reject, outlaw, or modify conferences and agreements between maritime carriers (shippers) in foreign and domestic coastal trade and their system of contractual rates to be adopted;
To enact regulations to combat conditions unfavorable to the United States shipping industry caused by foreign laws or competition from foreign-flagged container ships and other cargo vessels;
To hear complaints of various violations of maritime laws and determine whether they are illegal.

What are the advantages of FMC qualification?

1. Engage in NVOCC business legally and in compliance, issue bills of lading for shippers, and improve the operation capacity of American line business.
2. Enterprises can directly conduct business with shipowners and American freight forwarders without passing shipping agents or generation.
3. Through the freight rate information, enterprises can directly inquire with shipowners to purchase favorable prices and resell them.
4. Develop chartering business with potential shippers
5. Issue of bill of lading or equivalent
6. Lease containers
7. With 24-hour declaration service system to submit AMS/ISF, the time is more controllable and flexible.
8. Cost savings increase profits. From $25/ piece --$40/ piece to self-declaration: cost about $1/ piece, and can also be declared by other NVOCC agents.
9. Keep track of customs declaration, customs clearance status and cargo information.

To engage in NVOCC business in the United States, the following conditions must be met:

1. Obtain FMC license
2. Get a financial Bond
3. Filing Tariff Publishment
Application period: 6-8 weeks
Services provided:
1. Provide financial Bond
2. Complete the filing of freight rates
3. Complete the FMC registration and generate the registration code
4. Certificate The certificate provides the Title Page

Second, the handling process

1. Inquiry
Inquiry Application_for_NVOCC_FF_FMC_OTI_Bonds_Application
New balance sheets, cash flow statements and income statements for previous and current years
Power of attorney
Other information: FIATA member, WCA member, E&O policy limits (Freight forwarding liability insurance)
Bill of lading both sides
2. Register FORM FMC-48:
Bond Certificate Indemnity Agreement
Company Acknowledgement (Witness fee paid separately)
Letter of Entrustment for Freight Rate Filing:
DPI 3. Complete registration delivery
The FORM FMC - 48:
Bond Certificate FMC registration number
Title Page
Freight rate record website and account

Consult shipping center for details

Guangzhou Qisho Business Service Co., LTD

Gold Medal Manager Li

TEL 18011792156

WeChat 18011792156

1304 Fubang Center, Liwan District, Guangzhou

FMCNVOCC · 发表于 2022-5-26 15:55:56

FMC BOND丨OTI NVOCC