Port News & Information Mediterranean, Black & Caspian Seas

New U.S. regulations for demurrage and detention billing

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Washington, United States (Ports Europe) March 4, 2024 – In accordance with the Ocean Shipping Reform Act of 2022, the U.S. Federal Maritime Commission (FMC) is issuing regulations governing demurrage and detention billing requirements. It is unclear how the European regulators will react. This will impact ports and carriers. This final rule requires common carriers…

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