Latest news from Heavy Lift & Project Forwarding International Magazine

FIATA offers advice on container demurrage and detention

The International Federation of Freight Forwarders Association's (FIATA) Multimodal Transport Institute Working Group Sea has released its first best practice guide focusing on the charging of demurrage and detention.

The guide provides best practices that may help reduce unnecessary 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, the trade association says that merchants should not be subjected to unjust and unreasonable charges.

In this context, there are strong indications that shipping lines abuse the charging of demurrage and detention to maximise profits.

It is understood that shipping lines have been suffering in a very tough business environment and do everything they can to develop revenue streams that are not necessarily derived from freight.

FIATA does not believe that forwarders and shippers should be subjected to predatory pricing of this nature, especially as delays often occur through no fault of the forwarder/shipper.

FIATA hopes the guide can provide orientation to its members and all stakeholders as to which conditions are adequate. The association also looks forward to closer collaboration with shipping lines and the various stakeholders throughout the port supply chain.

Access to the newly published guide can be found at the following link: https://fiata.com/media/documents-for-download.html

www.fiata.com

Heavy Lift | News

Meyer steps down from Zeaborn thumbnail image

Meyer steps down from Zeaborn

July 18 - Ove Meyer, co-founder of Zeaborn has resigned as managing director, including his role at Zeamarine.
Views: 492
CITB readies for Alaska’s ice-free season thumbnail image

CITB readies for Alaska’s ice-free season

July 18 - Cook Inlet Tug & Barge (CITB), a subsidiary of Foss Maritime Company, has announced that the 2019 ice-free season on Alaska’s North Slope are under way.
Views: 260
Sutton steps up at Crowley thumbnail image

Sutton steps up at Crowley

July 18 - Crowley Maritime has appointed Peter Sutton as vice president of operations integrity and health, safety, security and environment (HSSE) for its shipping business unit.
Views: 290
Express discharge at the port of Tyne thumbnail image

Express discharge at the port of Tyne

July 17 - Höegh Autoliners has transported five Hitachi TransPennine Express train carriages from Kobe, Japan to the port of Tyne in the UK. 
Views: 396

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.