FIATA Publishes Best Practices to Enhance Container Shipping
FIATA Multimodal Transport Institute Working Group Sea is pleased to announce the release of its first "Best Practice Guide" focusing on the charging of demurrage and detention. The guide provides best practices that may help reduce supply chain costs and inefficient operations leading to unnecessary detention and demurrage charges.
FIATA acknowledges that demurrage and detention charges are a valid and important tool for shipping lines to ensure that their equipment is being returned as fast as possible and users exceeding the contractual duration of use should be charged accordingly. However, merchants should not be subjected to unjust and unreasonable charges. FIATA believes the guide will provide orientation to its members and all stakeholders as to which conditions are adequate. We also look forward to closer collaboration with shipping lines and the various stakeholders throughout the port supply chain.
For more details, please visit: https://fiata.com/media/press-releases/2018/3-october.html
Best practice guide 'Demurrage and Detention in Container Shipping': https://fiata.com/media/documents-for-download.html
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