RULE: 9 - FREIGHT FORWARDER COMPENSATION Eff: 09DEC2024

Effective 09DEC2024
Filed 09DEC2024
Filing Codes I

PAYMENT OF COMPENSATION:
 
APPLICABLE ONLY ON CARGO ORIGINATING IN THE UNITED 
 STATES:
 
1.  Compensation to a Licensed Ocean Freight Forwarder
    will be paid in connection with any shipment dis-
    patched on behalf of others when, and only when,
    such Forwarder is licensed with the Federal
    Maritime Commission under Section 19 (a) of the
    Shipping Act of 1984 and the Ocean Shipping Reform
    Act of 1998 and has certified in writing
    that it holds a valid license and has performed the
    following services:
 
    A.  Engaged, booked, secured, reserved, or contracted
        directly with the Carrier or its agent for space
        aboard a vessel or confirmed the availability of
        that space.
 
    B.  Prepared and processed the Ocean Bill of Lading,
        Dock Receipt, Consular Documents and Export
        Declarations or other similar document with
        respect to the shipment.
 
2.  Carrier will not pay compensation for services
    described in Paragraph (1), more than once on the
    same shipment.  Freight Forwarder Compensation
    cannot be paid on any shipment for which Ocean
    Brokerage is payable.
 
3.  Carrier will not knowingly pay compensation on a
    shipment in which the Forwarder has a direct or
    indirect beneficial interest.
 
4.  The amount of compensation will be: 1.25%.
 
5.  Compensation will not be due or payable on the
    following:
 
    a.  Advance Charges.
    b.  Temporary Freight Charges or Emergency
        Surcharges.
    c.  Bulk Cargoes and Lumber exempted from the posting
        requirements of the Shipping Act, 1984 and the
        Ocean Shipping Reform Act of 1998.
    d.  Military Sealift Command or Military Traffic
        Management Command Cargoes.
    e.  Currency Adjustments.

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