RULE: 9 - FREIGHT FORWARDER COMPENSATION Eff: 15NOV2021
| Effective | 15NOV2021 |
|---|---|
| Filed | 15NOV2021 |
| Filing Codes | IC |
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.
3. Carrier will NOT knowingly pay compensation:
a. more than once on a single shipment; and
b. on a shipment in which the Forwarder has a direct or indirect
beneficial interest; and
c. on any pre-carriage, on-carriage or advanced charges.
4. The amount of Freight Forwarder Compensation will be a percentage of the
Freight charges named in this Tariff, OR the Flat Sum listed on a Web
Rate Page in this Tariff, exclusive of Assessorial Charges, Surcharges,
Arbitraries or Advanced Charges. Freight Forwarder Compensation will be
as follows, EAN on a Web Rate named herein:
1.5% (one and one half percent) of freight charges on Prepaid
Shipments.
5. Freight Forwarder Compensation and Freight Brokerage will NOT be paid on
the same shipment.
6. Invoices for Compensation MUST be presented for payment within 6 (six)
months of sailing date of transporting vessel.
