COMPROMISE AGREEMENT

FMC File No. 17240

This Compromise Agreement is entered into between:

(1) the Federal Maritime Commission (Commission); and

(2) NZS Worldwide, Inc. (Respondent).

WHEREAS, the Commission is considering the initiation of an assessment proceeding 

against Respondent for the recovery of civil penalties for alleged violations of sections 10(b)(11) 

and 10(b)(2)(A) of the Shipping Act of 1984 (Shipping Act), 46 U.S.C. §§ 41104(11) and 

41104(2)(A), and the Commission’s regulations issued pursuant thereto; and

WHEREAS, such proceeding would be based on the Commission’s allegations that 

Respondent engaged in certain practices violative of the Shipping Act, to wit:

During the period from January 1, 2015 to June 1, 2017, Respondent 

knowingly and willfully accepted from, and transported cargo for, the 

account of one or more ocean transportation intermediaries that did not 

have a published tariff, bond, insurance, or other surety as required by 

the Shipping Act.

During the same time period, Respondent provided service in the liner 

trade that was not in accordance with the rates and charges contained 

in its published tariff or in any non-tariff alternative authorized by the 

Commission.

WHEREAS, the Commission is authorized under section 13(c) of the Shipping Act, 46 

U.S.C. § 41109(c), and Subpart W of the Commission’s Rules of Practice and Procedure, 46 C.F.R.

§ 502.601 – 502.605, to compromise and collect civil penalties for the alleged violations set forth 

and described above; and,

WHEREAS, Respondent terminated the practices that were the basis of the alleged 

violations set forth herein, and has committed to maintain measures designed to eliminate such 

practices in the future; and,
WHEREAS, Respondent cooperated in the investigation and provided to the Commission 

information, facts, and documents relevant to its transportation activities and practices; and,

NOW THEREFORE, in consideration of the premises herein, and in compromise of all 

civil penalties arising from the Commission’s investigation of Respondent for the alleged 

violations set forth above and described herein, Respondent and the Commission hereby agree 

upon the following terms of settlement:

1. Respondent shall make payment to the Commission by cashier’s or certified check or 

wire transfer in the amount of $50,000.

2. This Compromise Agreement shall forever bar the commencement or institution of any 

assessment proceeding or other claim of recovery of civil penalties from Respondent, 

its officers, directors, or employees arising from the Commission’s investigation of 

Respondent for the alleged violations set forth above occurring between January 1, 

2015 and June 1, 2017.

3. It is expressly understood that this Compromise Agreement is not, and is not to be 

construed as, an admission by Respondent to the alleged violations set forth above.

4. Respondent agrees to cooperate with the Commission with respect to its investigative 

and enforcement efforts against entities operating as ocean transportation 

intermediaries without a bond and tariff from which Respondent accepted cargo 

between January 1, 2015 and June 1, 2017. Such cooperation shall be deemed to 

include furnishing documents within Respondent’s possession, identifying relevant 

personnel, and providing explanatory information as may be required by the 

Commission. 
5. This agreement is subject to approval by the Commission’s Managing Director in 

accordance with 46 C.F.R. § 502.604.

NZS Worldwide, Inc.

Signature: __________________________

Printed Name: ______________________

Title: ______________________________

Date: ______________________________

APPROVAL AND ACCEPTANCE OF COMPROMISE AGREEMENT

FMC File No. 17240

The above Terms and Conditions and Amount of Consideration are hereby approved and 

accepted:

By the Federal Maritime Commission:

_______________________________________

Brian L. Troiano, Deputy Director (Date)

Bureau of Enforcement

_______________________________________

Karen V. Gregory (Date)

Managing Director