Licensure as an Ocean Transportation Intermediary (OTI) - Ocean Freight Forwarder requires that the designated employee for the company have three years of qualifying experience, meet character requirements, and be bonded. The license is issued indefinitely or until revoked or suspended. Details can be found at the FMC web sites http://www.fmc.gov/cfr/515.htm, http://www.fmc.gov/Help/OTI.htm, and the Code of Federal Regulations (46CFR515) at http://www.access.gpo.gov/nara/cfr/waisidx_02/46cfr515_02.html.