INTERNATIONAL FEDERATION OF FREIGHT FORWARDERS ASSOCIATIONS (FIATA)

國際貨運代理協會聯合會

·      FIATA Best Practices - Container Shipping and Container Deposits (Cash Guarantees)

·       FIATA 最佳操作指引 – 貨櫃運輸和貨櫃押金(現金擔保) 

In its latest Best Practice Guide, FIATA's Sea Transport Working Group focused on container cash deposits levied by shipping lines and suggested that such cash guarantees must be reviewed as they do not meet contemporary business needs and more importantly are unreasonable.

This best practices guide supports the Federal Maritime Commission (FMCs) initiatives to bring clarity and fairness to the assessment of demurrage and detention fees. FIATA's newly published guide can be used as industry input for the FMC's next move to publish a notice of proposed rulemaking to establish "interpretive" rules to address future demurrage and detention disputes brought before the commission by the industry. For more details, please visit: https://fiata.com/media/press-releases/2019/8-october-1913.html

Members please download the best practices from the following hyperlinks:

English -                     [FIATA Best Practices]

Traditional Chinese -    [FIATA最佳操作指引] updated on 11 Mar 2020 Member only, please login first

Simplified Chinese -     [FIATA最佳做法] updated on 11 Mar 2020 Member only, please login first