Ocean Shipping Reform Act of 1998
E160765
The Ocean Shipping Reform Act of 1998 is a U.S. federal law that modernized and deregulated international ocean liner shipping by promoting confidential service contracts and greater competition in the maritime transport industry.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Ocean Shipping Reform Act of 1998 canonical | 4 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
maritime law ⓘ |
| administeredBy |
United States Federal Maritime Commission
ⓘ
surface form:
Federal Maritime Commission
|
| aimsTo |
benefit U.S. exporters and importers through more flexible contracts
ⓘ
enhance efficiency of ocean transportation system ⓘ |
| allows | confidential service contracts ⓘ |
| amends | Shipping Act of 1984 ⓘ |
| appliesTo |
U.S. foreign commerce by water
ⓘ
common carriage of goods by ocean ⓘ |
| changes | rules on service contracts in liner shipping ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| effectiveIn | international ocean liner shipping ⓘ |
| enactedBy | United States Congress ⓘ |
| encourages | confidential service contracts between shippers and carriers ⓘ |
| followedBy | Ocean Shipping Reform Act of 2022 ⓘ |
| governs |
agreements among ocean common carriers
ⓘ
service contracts between shippers and carriers ⓘ |
| historicalContext | part of late-20th-century U.S. transportation deregulation trend ⓘ |
| increases | reliance on market-based pricing in ocean shipping ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| legalDomain | maritime transport regulation ⓘ |
| limits | collective ratemaking by carrier conferences ⓘ |
| modifies | filing requirements for tariffs ⓘ |
| objective |
to encourage the development of an economically sound and efficient U.S.-flag liner fleet
ⓘ
to promote the growth and development of U.S. exports through competitive and efficient ocean transportation ⓘ to provide a nondiscriminatory regulatory process for common carriage of goods by water in foreign commerce ⓘ |
| overseenBy |
United States Federal Maritime Commission
ⓘ
surface form:
Federal Maritime Commission
|
| policyType | deregulation ⓘ |
| predecessor | Shipping Act of 1984 ⓘ |
| provides | greater flexibility in service contract terms ⓘ |
| purpose |
to modernize regulation of international ocean liner shipping
ⓘ
to promote competition in ocean shipping ⓘ to reduce government intervention in ocean shipping pricing and services ⓘ |
| reduces |
public tariff filing obligations for carriers
ⓘ
role of ocean carrier conferences ⓘ |
| regulates |
marine terminal operators
ⓘ
ocean common carriers ⓘ ocean transportation intermediaries ⓘ |
| relatedTo |
containerized cargo transport
ⓘ
liner shipping conferences ⓘ |
| sector | international maritime transport ⓘ |
| shortName | OSRA 1998 ⓘ |
| signedBy | Bill Clinton ⓘ |
| signingPresident | Bill Clinton ⓘ |
| strengthens | antitrust immunity limitations for carrier agreements ⓘ |
| subjectMatter | ocean transportation in foreign commerce ⓘ |
| yearEnacted | 1998 ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.