FMC
E815033
The FMC is an independent U.S. federal agency that regulates international ocean transportation to ensure a competitive and reliable maritime shipping system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| FMC canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
independent U.S. federal agency
ⓘ
regulatory agency ⓘ |
| abbreviation | FMC NERFINISHED ⓘ |
| appointedBy | President of the United States ⓘ |
| confirmedBy | United States Senate ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| ensures |
competitive conditions in international ocean transportation
ⓘ
integrity of the international ocean transportation system ⓘ nondiscriminatory ocean transportation services ⓘ transparent and efficient ocean transportation system ⓘ |
| foundedBy | United States Congress ⓘ |
| governingBody | Commissioners ⓘ |
| hasFunction |
adjudicate disputes involving ocean transportation
ⓘ
administer passenger vessel financial responsibility requirements ⓘ collect and analyze data on ocean shipping ⓘ enforce U.S. shipping statutes and regulations ⓘ investigate potential violations of shipping laws ⓘ license and regulate ocean transportation intermediaries ⓘ review carrier and marine terminal agreements ⓘ |
| headquartersLocation | Washington, D.C. ⓘ |
| industry | maritime shipping regulation ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| leadBy | Chairman of the Federal Maritime Commission NERFINISHED ⓘ |
| legalAuthority |
Foreign Shipping Practices Act of 1988
NERFINISHED
ⓘ
Ocean Shipping Reform Act of 1998 NERFINISHED ⓘ Ocean Shipping Reform Act of 2022 NERFINISHED ⓘ Shipping Act of 1984 NERFINISHED ⓘ |
| monitors |
carrier alliances and cooperative working agreements
ⓘ
ocean freight rates and services ⓘ |
| numberOfCommissioners | 5 ⓘ |
| oversees |
agreements among ocean common carriers
ⓘ
liner shipping ⓘ |
| partOf | U.S. federal regulatory framework for transportation ⓘ |
| protects |
U.S. exporters and importers using ocean transportation
ⓘ
shippers from unfair or deceptive practices ⓘ the public from unreasonable increases in transportation costs ⓘ |
| purpose |
ensure a competitive maritime shipping system
ⓘ
ensure a reliable maritime shipping system ⓘ |
| regulates |
international ocean transportation
ⓘ
marine terminal operators ⓘ ocean common carriers ⓘ ocean transportation intermediaries ⓘ |
| scope | international oceanborne foreign commerce of the United States ⓘ |
| sector | maritime transportation ⓘ |
| supervises | service contracts between shippers and carriers ⓘ |
| typeOfRegulation | economic regulation of ocean shipping ⓘ |
| website | https://www.fmc.gov/ ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.