RULE: 24 - NVOCC OTI BOND REFERENCE Eff: 08JUL2016
| Effective | 08JUL2016 |
|---|---|
| Filed | 08JUL2016 |
| Filing Codes | IR |
A. Licensing
Carrier has met Federal Maritime Commission licensing
and financial responsibility requirements for ocean
transportation intermediaries and demonstrated the
requisite ability and character fitness to render the
OTI seravices to the public.
A. Financial Responsibility
1. Carrier has furnished the Federal Maritime Commission
a bond in the amount required by 46 CFR 515 to ensure
the financial responsibility of the carrier for the
payment of any judgement for damages arising from its
transportation related activities, orders for
reparations issued pursuant to Section 11 of the
Shipping Act 1984, as amended by the Ocean Shipping
Reform Act of 1998, or penalties assessed pursuant to
Section 13 thereof.
2. Bond No. 056027
3. Underwriter: WASHINGTON INT'L. INSURANCE CO.
300 PARK BLVD.
SUITE 500
ITASCA, IL 60143-2625
