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Demurrage

CBPExportImport

Hate Unfair Demurrage Charges? Want to Do Something About it?

posted by Jennifer Diaz February 16, 2017 0 comments

FMC seal

Now’s the time to make your voice heard. Below details what demurrage charges are and a trade initiative that FMC is currently requesting comments on.

What is demurrage?

How Much Time is Provided for Free?

 What is Being Done to Change this Demurrage Fee?

  • Back in December, “the Coalition for Fair Port Practices, a group of 25 members that represent shippers, receivers, motor carriers, port draymen, freight forwarders, third-party logistics companies and customs brokers”, petitioned the Federal Maritime Commission (FMC) in hopes that the FMC would issue a ruling on extending the free time for container storage and equipment use that is disrupted by events outside of their control. Such events could be poor infrastructure, weather events, a carrier bankruptcy, port labor issues, etc.

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