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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) 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.
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