The Federal Maritime Commission revised its Negotiated Rate Arrangement (NRA) regulations to reduce recordkeeping requirements.\u00a0\u00a0 With immediate effect, the FMC is<\/p>\n
a) eliminating the requirement for the shipper\u2019s title and address in their written assent to rates,<\/p>\n
b) eliminating the requirement that the bill of lading include a notice that a shipment is moving pursuant to an NRA; and<\/p>\n
c) eliminating the requirement that an NVOCC retain all associated records and written communications pertaining to an NRA. List of Subjects in 46 CFR Part 532<\/p>\n
<\/p>\n
Accordingly, the Federal Maritime Commission amends 46 CFR Part 532 as follows:<\/p>\n
PART 532 \u2013 NVOCC NEGOTIATED RATE ARRANGEMENTS<\/strong><\/p>\n AUTHORITY: 46 U.S.C. 40103<\/strong>.<\/p>\n \u00a7 532.5 Requirements for NVOCC negotiated rate agreements.<\/p>\n * * * * *<\/p>\n (b) Contain the names of the parties and the names of the representatives agreeing to the NRA;<\/p>\n * * * * *<\/p>\n \u00a7 532.6 Notices.<\/strong><\/p>\n An NVOCC wishing to invoke an exemption pursuant to this part must indicate that intention to the Commission and the public by a prominent notice in its rules tariff.<\/p>\n 4. Revise \u00a7 532.7 to read as follows:<\/p>\n \u00a7 532.7 Recordkeeping and audit.<\/strong><\/p>\n (a)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An NVOCC invoking an exemption pursuant to this part must maintain original NRAs in an organized, readily accessible or retrievable manner for 5 years from the completion date of performance of the NRA by an NVOCC, in a format easily produced to the Commission.<\/p>\n (b)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 NRAs are subject to inspection and reproduction requests under \u00a7 515.31(g) of this chapter. An NVOCC shall produce the requested NRAs promptly in response to a Commission request. All records produced must be in English or be accompanied by a certified English translation.<\/p>\n (c)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Failure to keep or timely produce original NRAs will disqualify an NVOCC from the operation of the exemption provided pursuant to this part, regardless of whether it has been invoked by notice as set forth above, and may result in a Commission finding of a violation of 46 U.S.C. 41104(1), 41104(2)(A) or other acts prohibited by the Shipping Act.<\/p>\n * * * * *<\/p>\n For more information on NRA’s you can contact us via email at\u00a0nmooney@customscourt.com<\/a>\u00a0or\u00a0smorrison@customscourt.com<\/a>\u00a0or by phone at (850) 893-0670 or toll free at (800) 583-0250.<\/p>","protected":false},"excerpt":{"rendered":" The Federal Maritime Commission revised its Negotiated Rate Arrangement (NRA) regulations to reduce recordkeeping requirements.\u00a0\u00a0 With immediate effect, the FMC is a) eliminating the requirement for the shipper\u2019s title and address in their written assent to rates, b) eliminating the requirement that the bill of lading include a notice that a shipment is moving pursuant to an NRA; and c) […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[19,20,94,244,157,163,164,201],"class_list":["post-208","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-46-cfr-530","tag-46-cfr-531","tag-federal-maritime-commission","tag-fmc","tag-negotiated-rate-arrangement","tag-nra","tag-nvocc","tag-service-contracts"],"_links":{"self":[{"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/posts\/208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/comments?post=208"}],"version-history":[{"count":0,"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/posts\/208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/media?parent=208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/categories?post=208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.customscourt.com\/es\/wp-json\/wp\/v2\/tags?post=208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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