| Effective | 29Apr1995 |
|---|---|
| Filed | 30Mar1995 |
| Filing Codes | I |
A. Payments of Compensation
1.Compensation to a licensed Ocean Freight Forwarder
will be paid on the ocean segment of the
transportation only to the extent of the value
rendered in connection with any shipment dispatched on
behalf of others when, and only when, such forwarder
is licensed with the Federal Maritime Commission under
the SHIPPING ACT 1984, and has performed with respect
to such shipment the solicitation and securing of the
cargo or the booking thereof, or otherwise has
arranged for space for such cargo and has performed at
least two of the following services.
a) The coordination of the movement of the cargo.
b) The preparation and processing of the ocean Bill of
Lading.
c) The preparation and processing of dock receipts and
delivery orders.
d) The preparation and processing of consolar
documents and export declarations.
e) The payment of ocean freight charges on such
shipments.
B. Rates of Compensation
1. Such compensation shall be based on percentage of the
tariff rate for the commodity involved.
2. The applicable percentage shall be as follows:
(Applicable only on Export Shipments)
1.25 %
3. Exceptions- Compensation will not be due or payable on
the following:
a) Advance charges.
b) Temporary freight charges or emergency surcharges.
c) Bulk cargos and lumber exempted from filing
requirements of the Shipping Act, 1984.
d) Military Sealift command or Military Traffic
Management Command Cargoes.
e) Terminal Handling Charge, Bunker Adjustment
Factor, Currency Adjustment Factor or any
surcharge named in the tariff.
Charge: F/F COMPENSATION (38)