FMC Plans December 17, 2013 Global Regulatory Summit

Update:
The public is invited to attend the closing remarks at 4:00 in the FMC Main Hearing Room. The Commission will also issue a News Release following the close of the day.

In light of the increased networking among ocean common carriers, the US Federal Maritime Commission (FMC) plans to host a global regulatory summit on December 17, 2013. The FMC confirmed the attendance of international regulators from the People’s Republic of China and the European Union. The summit will discuss global regulatory issues including:

• Carrier alliances
• Vessel sharing agreements
• Impact of operational agreements on international trade

Chairman Cordero stated, “We welcome the exchange of views with our regulatory counterparts. The shipping industry is dynamic as evidenced by the changing nature of agreements. The effects of these trends will have global implications that demand an international understanding of our changing industry.”

Further details regarding the global regulatory summit will be made available as soon as possible on the website.

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