S3.E4 - Congress wants the FMC to hurry up w/ the Detention and Demurrage Rulemaking // a mini refresher on what the FMC last proposed on the D&D rulemaking
Description
Topic of the Week (2/2/24):
Congress wants the FMC to hurry up with the D&D rulemaking (they sent a letter...) and we do a quick refresher on the proposed D&D rulemaking language from Oct 2022.
The Maritime Professorᵀᴹ presents By Land and By Sea - an attorney breaking down the week in supply chain
with Lauren Beagen (Founder of The Maritime Professorᵀᴹ and Squall Strategies)
Let's dive in...
1 - The Federal Maritime Commission is still working through three rulemakings. No new movements.
2 - The FMC will host an informal hearing on the Red Sea and Gulf of Aden on February 7 (in person and virtual).
Hearing Schedule:
https://www.fmc.gov/fmc-releases-schedule-for-hearing-on-threats-to-shipping/
3 - The Ocean Shipping Reform Act of 2022 (OSRA 22) co-sponsors, Representative Dusty Johnson (R-SD) and Representative John Garamendi (D-CA) wrote a letter to the FMC urging the FMC to finalize the rule on detention and demurrage billing requirements.
https://dustyjohnson.house.gov/sites/evo-subsites/dustyjohnson.house.gov/files/evo-media-document/letter-to-fmc-on-dd-rulemaking-1.26.2024.pdf
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