Ocean Transportation Intermediary Bond
FMC OTI bonding for Texas freight forwarders and NVOCCs
Ocean transportation intermediaries need Federal Maritime Commission bonding for OTI licenses.
Or call (877) 477-7578
An OTI bond is the FMC financial responsibility instrument for ocean freight forwarders and NVOCCs.
The surety bond guarantees that the principal will perform the duties required under 46 U.S.C. § 40902; 46 C.F.R. Part 515 up to the penal sum.
A claim may arise if the principal fails to comply with the bonded Texas obligation or causes covered loss to the obligee or protected parties.
If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.
Amount, premium, term, and the authority that requires this filing.
Texas ocean freight forwarders and NVOCCs seeking or holding FMC OTI licenses.
Issue the FMC-required form and amount for your OTI class.
Share your license type, court order, or obligee form and the exact penal sum required by Federal Maritime Commission.
We review credit and filing details, then quote premium options through licensed surety markets.
Once approved, we issue the bond for delivery to Federal Maritime Commission or for your Texas filing package.
The amount is FMC schedule by OTI class (confirm current Form FMC-48 amounts), as set under 46 U.S.C. § 40902; 46 C.F.R. Part 515 and confirmed with Federal Maritime Commission.
The obligee is typically Federal Maritime Commission. Always match the exact name on the Texas form.
Many Texas filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.
Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.
Most bonds renew on the term shown (1 Year). Keep continuity so your Texas license or filing does not lapse.
Next step
We’ll match the requirement and route the application.
Apply for this bond