RULE: 24 - NVOCC OTI BOND REFERENCE Eff: 30JUN2026
| Effective | 30JUN2026 |
|---|---|
| Filed | 30JUN2026 |
| Filing Codes | C |
a. Cargo Compass SPA d/b/a Compass Cargo or Cargo Compass SPA, L.L.C. d/b/a Compass Lines, both non-vessel-operating common carriers, have has posted the Bonds In the Amounts named below with the U.S. Federal Maritime Commission as required the Shipping Act of 1984, as amended. The Surety Bonds, issued by the Companies named below, guarantees the payment of any judgement for damages arising from such Carrier's transportation related activities and any order for reparations or penalties assessed under the Shipping Act of 1984, as amended. b. BOND No.: SU61414 ISSUED BY: Aspen American Insurance Company BOND AMOUNT: USD75,000 Cargo Compass SPA, L.L.C. d/b/a Compass Lines, being a corporation incorporated under the laws of the United States, is domiciled in the United States and therefore the appointment of a Resident Agent is not required by law or regulation. c. BOND No.: SU53483 ISSUED BY: Aspen American Insurance Company BOND AMOUNT: USD150,000.00 Cargo Compass SPA d/b/a Compass Lines is domiciled in Italy and has appointed pursuant to 46 CFR 520.11, the party named in paragraph b. of this Rule as its United States Resident Agent to sign receipts for and accept, all notices, orders, subpoenas or other legal documents issued, promulgated or decrees by any United States Federal, State or Local Court as well as by the Federal Maritime Commission or any other governmental agency, commission or regulatory body in the Carrier's name, place and stead:
