On November 5, 2015, the Federal Maritime Commission published its Final Rule amending certain regulations concerning the licensing, financial responsibility requirements, and general duties of Ocean Transportation Intermediaries. The Final Rule discusses the changes to be made to 46 CFR Part 515 and the public comments submitted during the rulemaking process. Roanoke encourages each licensed OTI to review this document to become familiar with the changes it makes. The most significant change impacts the licensure of OTIs: The FMC is establishing an expiration date on the OTI license and requiring online renewal every three years. This change starts December 9, 2016, […]