Connect with the right partners. Strengthen your program. Export compliance doesn’t have to be overwhelming, especially when you know where to turn for help. This session features Star USA’s president Michael D. Easton alongside Nate Ward from the SBDC Export…
FMC: Maritime Regulator Collects $1.35 Million in Penalties Over Tariff Violations
FMC: Maritime Regulator Collects $1.35 Million in Penalties Over Tariff Violations
The Federal Maritime Commission (FMC) has collected a total of $1.35 million in civil penalties from two ocean transportation intermediaries for alleged violations of tariff and service requirements under U.S. shipping law. The enforcement action involved one vessel-operating common carrier (VOCC) and one non-vessel-operating common carrier (NVOCC).
Hyundai Glovis, a VOCC, agreed to pay $1.3 million to resolve allegations that it provided liner services that were not in accordance with the rates, charges, classifications, rules, and practices contained in its published tariff. FMC staff also alleged that Hyundai Glovis operated as a common carrier without properly publishing all required active rates and charges. According to the Commission, the alleged conduct continued for more than a year and affected numerous shipments.
Separately, Olympiad, an NVOCC, agreed to pay a $50,000 civil penalty to settle allegations that it provided liner services inconsistent with the rates and terms set forth in its published tariff.
Both Hyundai Glovis and Olympiad resolved the matters without admitting or denying the alleged violations.
Related Posts
CPSC: Agency Releases Preliminary HTSUS List Ahead of Mandatory eFiling Compliance Program
The Consumer Product Safety Commission (CPSC) has published on its website a preliminary list of approximately 600 HTSUS classifications that are likely to cover products requiring electronic submission of certificate of compliance data beginning July 8. The agency emphasized that the list is not exhaustive and that additional HTSUS numbers may also be subject to…
USTR: United States Adjusts Tariff Treatment for Indian Imports Under New Reciprocal Framework
Effective February 7, 2026, the United States will remove the additional 25 percent ad valorem duty on products of India entering the U.S. market. In place of that measure, Indian imports will be subject to a revised reciprocal “Liberation Day” tariff rate of 18 percent. In addition, qualifying Indian goods will now be eligible under…
USCIT: Court Rejects Retroactive Section 301 Exclusion Claims
In a notable trade case, the Court of International Trade addressed an Importer of Record attempt to retroactively claim section 301 exclusions for cryptocurrency mining equipment that appeared to consist of specialized CMP boards designed for mining use. The dispute centered on whether the products fell within the scope of existing section 301 exclusions and…
USTR: United States and Guatemala Finalize Trade Deal With Tariff Reforms
A new trade agreement between the United States and Guatemala was reached, focusing on reducing trade barriers and expanding mutual investment opportunities. In addition to strengthening commercial ties, the agreement includes a major change to reciprocal tariffs. The United States will remove reciprocal tariffs and provide preferential treatment for certain qualifying products, including textiles and…
