Strong gains on the transpacific as US imports swell and GRIs begin to bite
Container spot freight rates on the key transpacific eastbound trade have started 2025 with strong ...
The US Federal Maritime Commission (FMC) revision to detention and demurrage (D&D) rules came into force yesterday, introducing new requirements for billing, timeframes and how to dispute unfair charges.
A key provision determines that D&D invoices can only be issued to either the consignee – defined as “the ultimate recipient of the cargo”– the person who contracted with the billing party provide to ocean transportation or storage of cargo, or the person for whose account this was provided.
The FMC highlighted that ...
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