The FMC regulations state that ocean forwarders must submit in-plant arrangements to the FMC for approval. Is this statement true?

The statement regarding FMC regulations and the requirement for ocean forwarders to submit in-plant arrangements for approval is indeed false. The Freight Forwarder regulations under the Federal Maritime Commission (FMC) do not mandate that ocean forwarders submit in-plant arrangements for such approval. Instead, ocean freight forwarders must be licensed and adhere to specific filing requirements, but in-plant arrangements are not specifically outlined as a requirement for submission to the FMC.

Understanding the terms can clarify the context; ocean forwarders are required to comply with certain operational standards, including maintaining records and ensuring proper documentation of transactions related to ocean shipping. However, these do not extend to the requirement for submitting in-plant arrangements as a standard regulatory necessity.

The other options suggest variations of circumstances under which such submissions would be required; however, no variations exist in the actual FMC guidelines that necessitate submission for approval under regular conditions. Therefore, stating that the original assertion is false accurately reflects the current regulations governing the operations of ocean freight forwarders.