Federal Maritime Commission Reauthorization Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill reauthorizes the Federal Maritime Commission through 2029 and aims to improve the efficiency and competitiveness of the international ocean transportation system. It expands the Commission’s authority to regulate anticompetitive practices, particularly concerning shipping exchanges and controlled carriers. The bill also establishes national advisory committees to advise the Commission on relevant policies and requires the Commission to report on anticompetitive trade practices. Finally, it addresses data collection and public disclosures related to freight rates.
Key provisions
- Reauthorizes the Federal Maritime Commission through 2029.
- Expands the definition of ‘controlled carrier’ to include carriers linked to nonmarket economy countries.
- Requires the Commission to investigate complaints against shipping exchanges.
- Establishes National Port and Ocean Carrier Advisory Committees.
- Prohibits the Commission from releasing enforcement investigation information without a majority vote.
- Updates appropriations for the Federal Maritime Commission.
- Requires annual reports on anticompetitive trade practices.
- Mandates the Commission to publish an advance notice of proposed rulemaking for containerized freight price indexes.
Who is affected
- International ocean carriers
- Shipping exchanges
- Marine terminal operators
- Shippers of goods
- U.S. Trade Representative
Bill text
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Sponsors
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4 on record
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