APMT lease on NY/NJ Port Elizabeth terminal extended for 33 years
APM Terminals and the Port Authority of New York & New Jersey have extended the ...
US marine regulatory agency the Federal Maritime Commission (FMC) is to order container lines serving Los Angeles, Long Beach and New York, and box terminal operators in the same ports, to explain how they calculate detention and demurrage charges.
FMC commissioner Rebecca Dye, who has been leading the organisation’s investigation into the application of detention and demurrage fees, will issue the orders to determine if “legal obligations related to detention and demurrage practices are being met”.
This is particularly in relation to the FMC’s interpretative rule that says D&D charges should be suspended when shippers ...
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