RULE: 9 - FREIGHT FORWARDER COMPENSATION Eff: 19MAY2006
| Effective | 19MAY2006 |
|---|---|
| Filed | 19MAY2006 |
| Filing Codes | I |
Compensation to a licensed Ocean Freight Forward will be
paid in connection with any shipment dispatched 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, as amended, and has certified in
writing that it holds a valid FMC issued Forwarder License
(including the number thereof) and has performed the
following services:
1. Engaged, booked, secured, reserved, or contracted
directly with the Carrier or its agent for
Carrier's service or confirmed the availability of
that service; and
2. Prepared and processed the Bill of Lading, Dock
Receipt, or other similar document with respect to
the shipment.
a. Carrier will NOT knowingly pay compensation:
1. more than once on a single shipment; and
2. on a shipment in which the Forwarder has a direct
or indirect beneficial interest; and
3. on any pre-carriage, on-carriage or advanced
charges.
b. The amount of Freight Forwarder Compensation will be a
percentage of the Freight charges named in this Tariff,
exclusive of Assessorial Charges, Surcharges,
Arbitraries or Advanced Charges. Freight Forwarder
Compensation will be as follows:
On LCL or AQ Shipments, Freight Forwarder Compensation
shall be - 10% (ten percent) of Basic Freight Charges
- See Exceptions
On FCL Shipments, Freight Forwarder Compensation shall
be - 2.5% (two and one-half percent) of Basic Freight
Charges - See Exceptions
EXCEPTIONS:
i. NO Freight Forwarder Compenation will be paid on
shipments destined to Ports and Points in the
Commonwealth of Independent States (Former
U.S.S.R.)
ii. NO Freight Forwarder Compensation will be paid on
shiplments destined to Ports and Points in South
America.
iii. NO Freight Forwarder Compensation will be paid on
shipments destined to Ports and Points in The Far
East and Southeast Asia.
c. Freight Forwarder Compensation and Freight Brokerage
will NOT be paid on the same shipment.
d. Invoices for Compensation MUST be presented for payment
within 6 (six) months of sailing date of transporting
vessel.
