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Container booking cancellation fees becoming more common

     Hapag-Lloyd containers

A German carrier, Hapag-Lloyd, has become the latest shipping line to introduce a fee for cancelled container bookings.  Effective June 9, the $60.00 fee applies to all export shipments from Singapore to India that are cancelled within three calendar days of vessel arrival.  

CMA CGM has already introduced a $150.00 cancellation fee on shipments that prevent the shipping line from accepting other bookings.  A third carrier, Maersk, has also introduced cancellation penalties because “a significant amount of bookings” are being cancelled shortly before cargo cut off.

For more information, contact Debbie McGuire, Manager – Freight Solutions.

Quick Tip #58
Be prepared for customs penalties and fines under AMPS

Never assume that the absence of an audit means you will never be audited.  Penalties under AMPS (Administrative Monetary Penalty System) can be applied at the border at time of import (or export) and also post audit.

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