The program has been in effect since 2001, under which vessels reduce speed to a voluntary 12-knot speed limit within 20 nautical miles of Point Fermin. In June 2008, the Port of Los Angeles added a financial incentive, rewarding vessel operators whose fleets achieved 90 percent or better year-round compliance of the speed reduction program with a 15 percent discount on first-day dockage fees. Ninety percent of vessel operators are participating in the current program.
On Tuesday, the commission said vessel operators who slow down 40 nautical miles of Point Fermin and achieve 90 percent compliance would receive a 30 percent discount on first-day dockage fees. Operators adhering to the 20 nautical mile speed reduction would remain eligible for the 15 percent discount.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now