The Federal Maritime Commission (FMC) is an independent agency in the United States with the primary responsibility of regulating and overseeing foreign and inter-coastal ocean commerce shipping through U.S. ports. It acts as a regulatory body for both Vessel Operating Common Carriers (VOCCs) and Non-vessel Operating Common Carriers (NVOCCs). The FMC plays a crucial role in ensuring fair competition and protecting the interests of the shipping public by enforcing regulations that promote efficiency, reliability, and transparency in the ocean transportation industry. By monitoring rates, tariffs, and practices of carriers, the FMC fosters a competitive marketplace, facilitates trade, and maintains a level playing field for all participants involved in international shipping.

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What is Federal Maritime Commission?