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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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On June 16 President Biden signed into law the Ocean Shipping Reform Act of 2022 (OSRA 2022), a package of U.S. shipping law reforms that address supply chain disruptions, rising ocean shipping costs, and inadequate vessel service. Among other things, the legislation increases the Federal Maritime Commission’s (FMC) authority to address the operating practices of global ocean shipping lines that service U.S. seaports. OSRA 2022 is “self-executing,” meaning its requirements became effective immediately upon its passage. However, Congress also directed the FMC to take specific actions to implement and clarify requirements governing new prohibited conduct by ocean carriers, demurrage and detention reasonable rules and practices, data collection, emergency orders, and more.

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Following the passage of OSRA 2022, the FMC has moved swiftly to implement and increase awareness of its requirements.

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<em>This advisory bulletin may be reproduced, in whole or in part, with the prior permission of Thompson Hine LLP and acknowledgment of its source and copyright. This publication is intended to inform clients about legal matters of current interest. It is not intended as legal advice. Readers should not act upon the information contained in it without professional counsel.</em>

<em>This document may be considered attorney advertising in some jurisdictions.</em>

https://admin.thompsonhine.com/wp-content/uploads/2022/08/Transportation-Update-FMC-Takes-Actions-to-Implement-OSRA-2022.pdf

FMC Takes Actions to Implement OSRA 2022

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