• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
A large ship with containers on it, equipped with Ocean Carrier Data Collection technology.

FMC’s Proposal for Ocean Carrier Data Collection in Accordance with OSRA

08/04/2022
Ghana Investment & Trade Week 2026 Set to Deliver Next-Level Investment and Trade Partnerships in West Africa

Ghana Investment & Trade Week 2026 Set to Deliver Next-Level Investment and Trade Partnerships in West Africa

03/05/2026
Central Asian Firms Strengthen Compliance Amid Rising Global Sanctions

Central Asian Firms Strengthen Compliance Amid Rising Global Sanctions

03/02/2026
EFTA–Singapore Digital Economy Agreement Enters into Force for Singapore and Norway

EFTA–Singapore Digital Economy Agreement Enters into Force for Singapore and Norway

03/02/2026
China Warns of National Security Risks From Third-Party Data Hosting After Overseas Cyberattack

China Warns of National Security Risks From Third-Party Data Hosting After Overseas Cyberattack

03/02/2026
India and Israel Agree to Expand Trade, Investment and Technology Cooperation

India and Israel Agree to Expand Trade, Investment and Technology Cooperation

03/02/2026
Oil Prices Surge Amid Middle East Disruptions

Oil Prices Surge Amid Middle East Disruptions

03/02/2026
UNR Med Integrates Artificial Intelligence into Medical Education

UNR Med Integrates Artificial Intelligence into Medical Education

02/27/2026
Argentina and Uruguay Ratify Mercosur–EU Trade Deal

Argentina and Uruguay Ratify Mercosur–EU Trade Deal

02/27/2026
Gartner Report Examines Agentic AI’s Impact on Supply Chain Roles

Gartner Report Examines Agentic AI’s Impact on Supply Chain Roles

02/27/2026
Ecuador Raises Tariffs on Colombian Imports to 50%

Ecuador Raises Tariffs on Colombian Imports to 50%

02/27/2026
Court Deadline Looms on Tariff Refunds

Court Deadline Looms on Tariff Refunds

02/27/2026
U.S. Plans Tariff Hike to 15% for Certain Nations, Raising Supply Chain Implications

U.S. Plans Tariff Hike to 15% for Certain Nations, Raising Supply Chain Implications

02/26/2026
supplychainreport
Thursday, March 12, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

FMC’s Proposal for Ocean Carrier Data Collection in Accordance with OSRA

by Richie
08/04/2022
in Compliance, Import/Export Statistics, Logistics & Transportation, Risk Management, Supply Chain, Supply Chain Transparency, Trade Agreements, Trade Policies

YOU MAY ALSO LIKE

Central Asian Firms Strengthen Compliance Amid Rising Global Sanctions

EFTA–Singapore Digital Economy Agreement Enters into Force for Singapore and Norway

The Federal Maritime Commission (FMC) has unveiled a proposed initiative aimed at gathering ocean carrier data to align with the Ocean Shipping Reform Act (OSRA) of 2022. The agency’s statement on Tuesday highlighted this move as part of its efforts to comply with the new regulations outlined in OSRA.

Under the proposed “data collection initiative,” carriers would be mandated to furnish import and export data, including metrics like tonnage and twenty-foot equivalent units (TEUs), on a monthly basis. The FMC has invited input from stakeholders, providing a 60-day window for comments on these proposed alterations, marking another step taken by the agency to adhere to the law implemented in June.

This initiative stands as one of multiple measures undertaken by the FMC to ensure alignment with the newly enacted OSRA, endorsed by President Joe Biden earlier in the year. Notably, the agency has emphasized the absence of a phased introduction for the enforcement of the new regulations, following the law’s enactment.

Shortly after the law’s passage, the commission introduced interim procedures for shippers to lodge complaints regarding contested charges or violations falling within the purview of the shipping reform act. Additionally, the FMC mandated compliance by ocean carriers with demurrage and detention billing practices, stressing the importance of accuracy and comprehensiveness in invoices.

To bolster its enforcement capabilities, the agency recently established the Bureau of Enforcement, Investigations, and Compliance, consolidating investigative and prosecutorial functions. This move includes augmenting the number of staff investigators, as per the agency’s statement.

FMC Chairman Daniel Maffei underscored the agency’s commitment to implementing OSRA, warning non-compliant parties of impending scrutiny and consequences for deviating from congressional directives.

The FMC’s forthcoming compliance deadline involves delivering a rulemaking by December concerning ocean carriers’ unreasonable refusal of vessel space accommodations when available. The agency anticipates publishing a Notice of Proposed Rulemaking to gather public comments in the near future.

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#FMC #OceanShippingReform #OSRA2022 #DataCollectionInitiative #ImportExportData #ShippingRegulations #CarrierData #ComplianceDeadline #OceanCarriers #MaritimeRegulations #ShippingIndustry #DemurrageBilling #FMCCompliance #BureauOfEnforcement #FMCChairmanMaffei #VesselSpaceRegulations

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.