February 24, 2017 | Industry Insights

FMC Initiates License Renewal Requirements for OTIs

Share This:
Featured Image

As most of you are aware, on November 4, 2015 the Federal Maritime Commission issued a Final Rule involving various aspects of its regulations affecting Ocean Transportation Intermediaries (OTIs). As part of the Final Rule, the Commission now requires for the first time that OTIs renew their license every three (3) years. 46 C.F.R. §515.14(c). The Commission has begun the first round of alerting OTIs of their obligation to renew, sending notice to the email address the Commission has on file for a given OTI.

The renewal application process is to be completed by the OTI at least sixty (60) days prior to the renewal date “set forth on its license.” 46 C.F.R. §515.14(d).  Because OTIs have not previously been required to renew, and thus did not have a renewal date on their license per se, the Commission has assigned initial renewal dates to OTI licenses, based on the last two numbers of the license. The Commission’s Bureau of Certification and Licensing will be sending “renewal” emails to OTIs ninety (90) days prior to the actual Commission-assigned renewal date. Thus a given OTI will have thirty (30) days to complete the renewal function in order to comply with §515.14(d).

As many OTIs rarely communicate with the Commission, a threshold step is to determine whether the Commission has a current and valid email address with the OTI; if there is any doubt, OTIs can communicate an updated email address to the Commission by sending an email to oti@fmc.gov. The pertinent email address should be that of the OTI’s Qualifying Individual.

Once received, the renewal email application will contain: 1) a username; 2) password; and 3) a link to the renewal site. Once logged in, the OTI will have the option of completing the renewal itself, or assigning it to a nominated third party (i.e. attorney or other practitioner). The actual renewal is a review of a pre-populated Commission form FMC-18, to ensure that all information is correct and up to date. There is no fee for the renewal and in and of itself the renewal process is not a re-certification of the OTI. However, OTIs are cautioned to carefully review what information is currently on file with the Commission to avoid any inadvertent disclosure violations that could occur during the renewal process.

 

 

For further information on process and how the Commission has assigned OTIs their renewal dates, please visit the Commission’s website here, and please contact The Scopelitis International Transportation & Logistics Law Team – Nathaniel Saylor, Chris McNatt, Jacob Fisher and John Dimitry.

This post was originally released via email from Scopelitis, Garvin, Light, Hanson & Feary, P.C.

Share This:

Related


2023 NCBFAA Scholarship & Application Announcement

Roanoke Insurance Group is delighted to once again sponsor a $5,000 scholarship to students intending to join the trade industry. The National Customs Broker and Forwarder Association of America (NCBFAA) offers this $5,000 scholarship award yearly and will be presented to the winner at the NCBFAA annual conference in April 2023. The topic for this […]

Industry Insights

Leadership Excellence: Karen Rzeszutko Represents Roanoke on USCIB Board

We are excited to share that Karen Rzeszutko, President of Roanoke Insurance Group Inc. has been appointed to the Board of Directors of the United States Council for International Business (USCIB) for the 2024-2026 term. This appointment recognizes Karen’s outstanding leadership and her significant contributions to the industry. The USCIB, a prominent organization dedicated to […]

Corporate Communiqué, Industry Insights

Cargo Theft Holiday Advisory – Preparations to Secure Your Supply Chain

Cargo thieves are poised to strike as you look forward to relaxing by the lake or beach during the upcoming Memorial Day weekend. Cargo theft increases during extended holiday weekends because cargo is typically left unattended for longer periods. However, you can stay ahead of these opportunistic thieves and reduce exposure by following these best […]

Cargo Insurance, Industry Insights

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2024 Roanoke Insurance Group Inc. A Munich Re company

Better Business Bureau logoCoverholder at Lloyd's logo