THE OCEAN SHIPPING REFORM ACT OF 1998

The focus of this article is the Ocean Shipping Reform Act (OSRA) of 1998. It begins by discussing the regulatory environment established through the Shipping Act of 1984. This legislation overhauled the process for U.S. Federal Maritime Commission (FMC) review of agreements between ocean carriers, and allowed greater flexibility in the type of discounted tariffs and contracts that could be offered by those carriers. The 1984 Act also recognized the increasing role of non-vessel-operating common carriers and shippers' associations in aiding intermodal ocean transport. Carriers that were members of shipping conferences were given expanded rights to act independently from their conferences in dealing with customers. The article then reviews key provisions of the OSRA on shipping conferences and service contracts. Lastly, the authors outline the revised responsibilities of the FMC in regulating the ocean transportation industry.

Language

  • English

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Filing Info

  • Accession Number: 00800382
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 15 2000 12:00AM