Final Rule on Demurrage & Detention to take effect May 28

Chamber of Shipping > Blog > News > US > Final Rule on Demurrage & Detention to take effect May 28

The Federal Maritime Commission issued its final rule on Detention and Demurrage Billing Practices on February 23, 2024, and gave notice of the May effective date except for the “Contents of Invoice” section 541.6. That provision of the rule contains an information collection under the Paperwork Reduction Act and required OMB review and approval. That process has been completed and the announcement of this collection’s approval is being published in the Federal Register tomorrow. Invoices issued for demurrage or detention charges from May 28, 2024, must be fully compliant with all requirements of the Commission’s final rule. Entities issuing non-compliant invoices or to the wrong parties are subject to enforcement action. Billing the proper party is an important part of the final rule.

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