News / Cosco hit by $2m compensation claim for 'unfair' D&D charges

Cosco is facing a $2bn compensation claim after a complaint of unfair application of detention and demurrage (D&D) charges lodged with the US Federal Maritime Commission (FMC).

Lighting supplier Visual Comfort & Co (VCC) claims Cosco refused to extend the number of days shippers and their agents had to collect boxes or return empties despite delays outside their control brought about by the pandemic, incurring heavy D&D fees.

It claims for the period January 2021 to ...