What is the Federal Maritime Commission?
The United States Federal maritime Commission is an independent federal agency responsible for the regulation of oceanborne transportation in the foreign commerce industries of the United States of America. The mission of the Federal Maritime Commission is to regulate certain activities of international shipping lines, known as ocean common carriers, marine terminals operators and ocean transportation intermediaries who operate within the foreign commerce industries.
In addition to the aforementioned responsibilities, the Federal Maritime Commission is required to monitor the laws and practices of foreign governments which could pose an adverse impact on the United States’ shipping industry and maritime trade. The Federal Maritime Commission will institute bilateral trade sanctions to help persuade foreign governments to remove adverse conditions or barriers to entry.
Federal Maritime Commission Quick Facts
The following details outline the administration of the Federal Maritime Commission:
The Federal Maritime Commission was founded in 1957
The headquarters of the Federal Maritime Commission are located in Washington, D.C.
The Federal Maritime Commission is responsible for the jurisdiction over the Federal Government of the United States
The head of the Federal Maritime Commission is Dan Schultz
What is an Independent Government Agency?
An independent agency of the United States Federal Government is a department or organization that exists outside of the federal executive departments or those headed by a Cabinet secretary. In a more specific sense, the term Independent Government Agency, is used to describe agencies that, while constitutionally operating within the executive branch, are free from presidential authority or control, as a result of the President’s limited membership within the agency.
Independent government agencies are established through separate statutes passed by the United States Congress; each respective statutory grant of authority will define the goals or mission that the agency must work towards, in addition to the substantive areas, if applicable, over which the Independent Agency may have the power of rulemaking. These agency regulations, when enforced, maintain the power of federal law.