FEDERAL MARITIME COMMISSION FEDERAL MARITIME COMMISSION U.S GOV'T EXECUTIVE TRADE U.S GOVERNMENT AND CONSTITUTION ECONOMY AND LABOR GLOBAL RELATIONS EXECUTIVE AGENCY CREATED 1961 TITLE OF CHIEF OFFICER CHAIR FUNCTIONS REGULATES FOREIGN SHIPPING THAT TAKES PLACES IN U.S WATERS ENSURES THAT ALL NATIONS CAN TRADE FAIRLY WITH THE UNITED STATES ISSUES LICENSES FOR OCEAN SHIPPING ENFORCES THE LAW REQUIRING SHIPOWNERS TO CARRY APPROPRIATE INSURANCE ENSURES THAT SHIPPING COMPANIES COMPLY WITH U.S SHIPPING LAWS