Strategies, Tools & Talent for What’s Next! In our final session of the series, we’ll focus on setting your organization – and your career – up for success in the year ahead. We’ll discuss how compliance drives business impact, how…
FMC: Maritime Regulator Collects $1.35 Million in Penalties Over Tariff Violations
FMC: Maritime Regulator Collects $1.35 Million in Penalties Over Tariff Violations
November 24, 2025/
The Federal Maritime Commission (FMC) collected 1.35 million in civil penalties from a vessel-operating common carrier (VOCC) and a non-vessel-operating common carrier (NVOCC)
The VOCC, Hyundai Glovis, paid 1.3 million and was accused of:
1) providing service in the liner trade that was not in accordance with the rates, charges, classifications, rules, and practices contained in Hyundai Glovis’ tariff, and
(2) providing services as a common carrier without publishing the appropriate tariffs showing all its active rates and charges. FMC staff alleged that these practices persisted for over a year and involved numerous shipments
The NVOCC, Olympiad, paid 50k and was accused of:
Providing service in the liner trade that was not in accordance with the rates, charges, classifications, rules, and practices contained in its published tariff.
Neither admitted to wrongdoing.
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