What is a FMC license?
The Federal Maritime Commission (FMC) is the U.S. regulator for international container ocean transport to/from the United States. It issues licenses to Ocean Transportation Intermediaries (OTIs);Â ocean freight forwarders and NVOCCs. Besides that, the authority also maintains financial responsibility.
Who needs an FMC license or registration?
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U.S.-based OTIs (forwarders/NVOCCs): require an FMC license and financial responsibility.
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Non-U.S. NVOCCs: do not need a license, but must register with the FMC and post financial responsibility.
Financial responsibility (bond) amounts
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Ocean freight forwarder: USD 50,000
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NVOCC (U.S.-based or licensed non-U.S.): USD 75,000
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NVOCC (non-U.S., registered but unlicensed): USD 150,000
Other key obligations
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Maintain a public tariff and a valid bond; U.S.-based NVOCCs also need a license.
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NVOCC Negotiated Rate Arrangements (NRAs) may be used under Part 532 of the FMC regulations.
OSRA: why it matters
The Ocean Shipping Reform Act (OSRA) 2022 expanded FMC oversight, notably on detention & demurrage and carrier/OTI practices. The FMC provides a living implementation record and has increased enforcement since OSRA’s passage.
Around the world,
with a personal approach
Whether you have a shipment going to Barcelona or airfreight destined for Beijing, we like to keep it personal. For you as a customer, that means contact with one employee who ensures your shipment is delivered to the right place at the right time – as agreed.
