Is the holder of an Ocean  Transportation   Intermediary  License and, as such, is duly authorized to carry on the business of providing  non-vessel-operating common  carrier services for the provision of transportation by water of cargo via common carriers between the United States, its territories or possessions and foreign countries.

This license is conferred pursuant to the authority contained in Section 19 of the Shipping Act of 1984, as amended by the  Ocean  Shipping  Reform  Act of 1998, and is subject to the provisions of said Act, Part 515 of Title 46 of the Code of Federal Regulations as it is or may be amended, and the pertinent provision of the other applicable regulations promulgated under the foregoing Act.