Maersk Fined $1.9M by Chinese Authorities Over Unfair Detention and Demurrage Fees
Shipping giant Maersk has been fined nearly $1.9 million by China's Ministry of Transport for imposing unreasonable detention and demurrage (D&D) charges. The penalty follows a thorough investigation which concluded that the carrier's fee structures placed an unfair burden on import and export businesses. Chinese authorities found Maersk's calculation methods and free-time periods for containers to be non-compliant. This significant ruling sets a precedent, and it is expected that other major shipping lines are now under similar scrutiny for their D&D practices in the country.
Official Source: https://theloadstar.com/maersk-fined-1-9m-for-unfair-dd-fees-with-more-carriers-in-the-firing-line/
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