Unfair surcharges in ocean freight
- Overtaxed shipping systems
Nature
Liner conferences may circumvent procedures for consultations on basic freight rates by the device of increasing surcharges for bunker prices or currency adjustment factors, often under formulae which shippers claim are not comprehensible. Currency adjustment surcharges may be introduced or increased as a result of the weakening of the world monetary situation and currency exchange inequities. Bunker price surcharges may be introduced or raised as a result of increased oil prices. For such reasons, while it is easier to assess the position in an individual trade, it is very difficult to judge the reasonableness of the levels of surcharges in general.
Broader
Aggravates
Strategy
Value
SDG
Metadata
Database
World problems
Type
(F) Fuzzy exceptional problems
Biological classification
N/A
Subject
Oceanography » Seas
Transportation, telecommunications » Shipping
Transportation, telecommunications » Handling
Commerce » Taxation
Cybernetics » Systems
Content quality
Yet to rate
Language
English
1A4N
F5922
DOCID
11659220
D7NID
141833
Last update
Dec 3, 2024