FMC Raises Penalty Fees

The Federal Maritime Commission will raise the penalty fees for statutory violations as of Jan. 15, the agency said in a news release. "Fees for Knowing and Willful violations of the Shipping Act will increase to $58,562.00, from $57,391.00; and, fees for Not Knowing and Willful violations of the Shipping Act will increase to $11,712.00 from $11,478.00," the agency said. A full list of the inflationary adjustments was published in the Federal Register.