FIATA International Federation of Freight Forwarders Associations has urged shipping lines to review and reinstate the current free time periods back to no less than pre-pandemic levels.
“Whilst the decision to reduce the free time periods was one-sided, market conditions have in the meantime changed, and justifications for status quo no longer remain valid,” said FIATA in its announcement.
Demurrage and detention charges is an important tool for supply chain stakeholders to ensure the efficient...