When it comes to determining the fairness of assessing demurrage and detention fees, one of the most challenging aspects for both the U.S. Federal Maritime Commission and ocean shipping industry ...

Windward's AI-based solution will enable its customers to take back control of demurrage and detention charges, reduce reliance on carriers, improve customer service, and stop revenue leakage.

Properly managing your organization’s supply chain is crucial for getting products and materials to the right place at the right time. And while many issues could interfere with your supply chain ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

1. Importers, exporters, intermediaries, and truckers should not be penalized by demurrage and detention practices when circumstances are such that they cannot retrieve containers from, or return ...

On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into effect on May ...

Following the Advance Notice of Proposed Rulemaking on Demurrage and Detention Billing Requirements published in the Federal Register in February, the Federal Maritime Commission (FMC or “the ...

Late container charges known as detention and demurrage (D&D) in the United States are the highest in the world. D&D charges in the U.S. have increased this year while global average fees have fallen ...

ISLAMABAD: The Federal Investigation Agency (FIA) has initiated probe in a shipping company, which brings imported goods, for allegedly delaying the clearance of goods in an attempt to collect ...