AP Tariffs Helps Foreign Companies in FMC Registration

Atlantic Pacific Tariffs Inc. (AP Tariffs), in collaboration with World Insurance Agency, successfully conducted a two-day webinar in November 2023, centered on guiding foreign companies in registering as Ocean Transportation Intermediaries (OTIs) with the U.S. Federal Maritime Commission (FMC).

The webinar addressed the complexities foreign OTIs face in operating within the U.S., emphasizing the confusion and time-consuming nature of the FMC-65 application procedure.

Mauricio Larenas, president of AP Tariffs, engaged with WCA World Academy Members, providing an in-depth exploration of the complicated process of obtaining OTI registration for foreign companies. He delved into crucial details, including required documentation, the timeline of the application process, associated costs, and more.

The sessions were hosted by Greg J Kritz of World Insurance Agency alongside Mauricio Larenas of AP Tariffs.

Leveraging its position as the 5th largest tariff publisher for NVOCCs in the United States, AP Tariffs shared its extensive experience in assisting foreign companies in gaining global credibility through FMC registration. Mr. Larenas, an esteemed FMC Legal Practitioner and an active member of the Florida Customs Brokers & Forwarders Association (FCBF) education committee, offered invaluable insights.

For those looking to engage in business within the United States as foreign non-vessel operating common carriers (NVOCCs), AP Tariffs makes the best partner. From the initial registration process to the publication of tariffs and maintaining compliance with FMC regulations, AP Tariffs provides comprehensive guidance at every stage.

For further details on AP Tariffs' services, send us an email at info@aptariffs.com or schedule a free 15-minute consultation through this link.

MSC Faces Another Complaint for Shipping Act Violations

Legal Complaint Against MSC

A shipper formerly known as Bed Bath & Beyond Inc. (now known as 20230930-DK-Butterfly-1, Inc.), has filed a complaint with the Federal Maritime Commission (FMC) against MSC Mediterranean Shipping Company SA (MSC).

The complaint alleges that MSC, one of the world's largest container lines, violated the Shipping Act of 1984, resulting in financial harm to the complainant amid the COVID-19 pandemic.

MSC, a key member of the "2M alliance" alongside Maersk, stands accused of capitalizing on the price inflation within the container shipping industry during the unprecedented challenges brought by the pandemic. This alleged profiteering, as outlined in the complaint, purportedly burdened shippers like the Complainant with escalated freight costs, eventually forcing Complainant into a Chapter 11 bankruptcy filing in April 2023.

One of the allegations raised by the shipper is that MSC failed to honor service commitments specified in their service contracts and reallocated space to higher-paying cargo, which forced Bed Bath & Beyond to resort to expensive spot market alternatives.

The complaint maintains that MSC's actions were deliberate and not due to operational constraints. It underscores MSC's reported significant profits, an acquisition spree during the pandemic, and substantial cash reserves, hinting at substantial financial gains for MSC during the crisis.

The filing seeks reparations for the damages allegedly incurred by MSC's violations of the Shipping Act.

AP Tariffs Inc. is a tariff publisher that serves both non-vessel operating common carriers (NVOCCs) and vessel operating common carriers (VOCCs). AP Tariffs' experts also provide legal consultation particularly in maintaining compliance with FMC regulations.

Get a free 15-minute consultation today! Schedule your appointment here.

AP Tariffs Empowers Industry Professionals in Mastering FMC Detention, Demurrage and NVOCC Liability

Atlantic Pacific Tariffs Inc. (AP Tariffs) reports a successful discussion with professionals in the shipping and logistics industry on the much talked about issues on FMC Detention, Demurrage, and NVOCC Liability. The event took place on October 11, 2023, at the MDC Wolfson Campus BIT Center in Miami, Florida. A highlight of the event was the presentation of Gary Kardian, a seasoned veteran with an impressive 48-year career in the ocean shipping industry. Mr. Kardian recently retired from the Federal Maritime Commission (FMC) and brought his extensive expertise to the discussion. Mr. Kardian's presentation offered attendees a comprehensive understanding of the intricacies of Demurrage, addressing the essential dos and don'ts in navigating this challenging terrain. His vast experience in the industry made him an invaluable resource for the participants. Attendees also had the opportunity to learn about the FMC's Charge Complaint process, which empowers NVOCCs to effectively resolve disputes while gaining clarity on their liabilities and responsibilities. The event was a collaborative effort with the Florida Customs Brokers and Forwarders Association and was hosted by the Miguel B. Fernandez Family School of Global Business, Trade & Transportation of Miami-Dade College. AP Tariffs Inc. remains dedicated to helping NVOCCs proactively address compliance challenges, mitigate risks, and safeguard their financial stability. For those who missed this event but are interested in connecting with AP Tariffs, please feel free to reach out by emailing info@aptariffs.com or schedule a free 15-minute meeting here.