• ITVI.USA
    15,285.540
    -94.080
    -0.6%
  • OTLT.USA
    2.776
    -0.010
    -0.4%
  • OTRI.USA
    21.450
    -0.050
    -0.2%
  • OTVI.USA
    15,256.620
    -93.130
    -0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
  • ITVI.USA
    15,285.540
    -94.080
    -0.6%
  • OTLT.USA
    2.776
    -0.010
    -0.4%
  • OTRI.USA
    21.450
    -0.050
    -0.2%
  • OTVI.USA
    15,256.620
    -93.130
    -0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
American Shipper

N.J. shipper agrees to pay $400,000 fine to Commerce

N.J. shipper agrees to pay $400,000 fine to Commerce

   A New Jersey shipper has agreed to pay the U.S. Commerce Department $400,000 in civil penalties for illegally exporting metal organic vapor disposition tools to China and Taiwan.

   According to the Commerce Department’s Bureau of Industry and Security, Emcore Corp. of Somerset, N.J., allegedly committed 71 violations of the U.S. Export Administration Regulations between 1998 and 2003.

   The agency said Emcore “knowingly” shipped the tools to consignees located in Taiwan without the required export licenses, illegally serviced the tools, failed to file shipper’s export declarations, and failed to retain certain export control documents.

   The agency also charged that between 2000 and 2003 Emcore made “false statements” to the U.S. government and violated conditions on export licenses that it had received for exports of the vapor disposition tools to consignees in China.

   Metal organic vapor disposition tools to China and Taiwan are controlled for national security and antiterrorism reasons.

   According to the Bureau of Industry and Security, Emcore voluntarily self-disclosed the violations and cooperated fully with the investigation.

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