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Holiday Notice - Anniversary days

T&M Forwarding is going to reach 21 years anniversary on this June. We would like to express our thanks for your kind cooperation and valued support to us.

Changing to new area codes for landline phones in Viet Nam
Effective by the below scheduled, our offices will change the area code of their landline phones

VP Tel Fax From
Danang (236)
358 3686
358 3686
Haiphong (225)
382 1275
382 1276
Hanoi (24)
3514 7047
3514 7047
Saigon (28)
3899 8696
3899 8699

Sales Logistics Career opportunities for those young people who are energetic, creative, competent and desire to work in a professional environment in which human factors are considered valuable assets.
ANNOUNCEMENT OF CLM CERTIFICATION (CLM-079) We pleased to announce that our Documents Team Leader – Pham Thanh Hoai - has certified for the “Certificated Logistics Master Program” – funded by the Mekong-Republic of Korea (ROK) Cooperation Fund (MRCF).
FMC Proposes Significant Changes to the Licensing and Regulation of Ocean Freight Forwarders and NVOCC’S

The U.S. Federal Maritime Commission has proposed some of the most significant changes since 1998 to its regulations governing the licensing and regulation of Ocean Transportation Intermediaries (OTIs). 

Key Parts of “The Advanced Notice of Proposed Rulemaking” have been highlighted below in a brief summary of several amendments to the Regulations Governing OTI’s/NVOCC’s regarding Licensing, Financial Responsibilities, Shipment Documentation, Claims and General Duties. 

OTI licenses and FMC registrations will be issued for two year terms.
The rule also requires registered NVOCCs to submit updated registration forms to renew for sequential two year terms. This is a significant change from the current OTI regulations, which have no requirement to renew the NVOCC registration or OTI license once granted.

Renewal process will require licensed OTIs to update their QIs identification and contact information
The proposed license and registration renewal requirement is intended to ensure that information essential to the Commission's oversight is verified regularly

The amended licensing regulations include specific requirements for the use of agents by OTIs.
The regulations clarify that OTIs are strictly responsible for the acts or omissions of their employees and agents, wherever they are located. Agents will be required to include the OTI principal's name and license number on all shipping documents, invoices, and business correspondence issued on behalf of the OTI. 

Increased bond requirements and revises bond forms. 
The ocean freight forwarder bond amount increases from US$ 50,000 to US$ 75,000. The licensed NVOCC bond amount increases from US$ 75,000 to US$ 100,000. Registered NVOCCs outside the USA will be required to increase their bonds from US$ 150,000 to US$ 200,000. In addition, new procedures for notifying the Commission of claims against bonds, and payments of claims, will be established.

Source: WCA World

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T & M Forwarding Ltd.
( Ho Chi Minh Head Office )
Pearl Plaza Office Tower, 17/F
561A Dien Bien Phu St.,
Ward 25, Binh Thanh District
Ho Chi Minh City - VIETNAM
Tel: +84 (28) 3899 8696
Fax: +84 (28) 3899 8699
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