U.S. FMC Proposes Tighter Container Billing Standards

Ocean carriers and marine terminals would be subject to stricter – and potentially costlier – billing requirements when they charge shippers for late containers under a proposal by the U.S. Federal Maritime Commission.

The FMC’s 58-page proposed rule on demurrage and detention billing requirements, scheduled to be posted in the Federal Register this week, “seeks to bring more clarity, structure, and punctuality” to the billing practices of vessel operating common carriers (VOCCs), non-vessel-operating common carriers (NVOCCs) and marine terminal operators (MTOs), said the agency.

Read more in an article from American Shipper.