OSRA 1998
E631642
OSRA 1998 is a U.S. federal law that significantly deregulated international ocean shipping by promoting confidential service contracts and greater market-driven competition in liner shipping.
All labels observed (1)
| Label | Occurrences |
|---|---|
| OSRA 1998 canonical | 1 |
Statements (41)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
shipping regulation ⓘ |
| administeredBy | Federal Maritime Commission NERFINISHED ⓘ |
| affects |
Federal Maritime Commission regulatory authority
ⓘ
U.S. exporters ⓘ U.S. importers ⓘ liner shipping conferences ⓘ non-vessel-operating common carriers ⓘ ocean carrier alliances ⓘ |
| alsoKnownAs |
OSRA ‘98
NERFINISHED
ⓘ
Ocean Shipping Reform Act (1998) NERFINISHED ⓘ |
| amends | Shipping Act of 1984 NERFINISHED ⓘ |
| appliesTo |
international ocean liner shipping
ⓘ
ocean common carriers ⓘ shippers ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| effect |
decline in the importance of public tariffs in liner shipping
ⓘ
greater rate competition among ocean carriers ⓘ increased use of confidential service contracts ⓘ shift of bargaining power toward large shippers ⓘ |
| feature |
authorization of confidential service contracts between carriers and shippers
ⓘ
encouragement of confidential, individually negotiated rates ⓘ enhanced role of individual carrier pricing ⓘ greater flexibility in service contract terms ⓘ limitations on antitrust immunity for carrier agreements ⓘ reduced role of tariff filing requirements ⓘ streamlined oversight of carrier conferences and alliances ⓘ |
| fullName | Ocean Shipping Reform Act of 1998 NERFINISHED ⓘ |
| goal |
deregulation of international ocean shipping
ⓘ
promotion of market-driven competition in liner shipping ⓘ reduction of government intervention in ocean shipping ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| language | English ⓘ |
| legalForm | Act of Congress ⓘ |
| regulates |
liner shipping competition
ⓘ
ocean common carrier agreements ⓘ service contracts in ocean shipping ⓘ |
| relatedTo | Shipping Act of 1984 NERFINISHED ⓘ |
| sector |
international trade
ⓘ
maritime transport ⓘ |
| subjectOf | U.S. maritime regulatory reform debates ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.