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18 October 2019 The on-line newspaper devoted to the world of transports 10:22 GMT+2

October 17, 1998

President Signs Ship Reform Act

President Clinton has signed the Ocean Shipping Reform Act of 1998. After the enactment of rules and regulations by the Federal Maritime Commission (FMC) in March 1999, the bill, takes effect May 1, 1999. The new law will further deregulate the liner shipping industry by encouraging a shift from common carriage to contract carriage. (Cyber Shipping Guide ......
Cyber Shipping Guide - Ocean Commerce

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