Port of Houston

Update for the Port of Houston import dwell fees

Here’s an update on import dwell fees for the Port of Houston. The port will be applying two dwell fees from December 1, 2022, to address the longstanding container situation at the Houston Terminal.

Please keep in mind that these fees are in addition to any applicable demurrage charges for import containers on terminal (ref. Tariff No. 15 > Subrule 095, Tariff No. 14 > Subrule 093) and will be assessed to the beneficial cargo owner.

In the next paragraphs, you will see a description of the dwell fees:

  • Sustained Import Dwell Fee
    The fee of USD 45 per container will be assessed, on all import containers on the terminal, effective on the eighth day, after the expiration of the terminal free time.  
  • Excessive Import Dwell Fee
    To promote the flow of containers out of the terminal, the Port of Houston will institute a charge for all containers that remain on the terminal for an extended period. The Port of Houston has informed that the fee will remain in place for a minimum of sixty days after the effective date, in which import containers exiting the port will be monitored closely. The Excessive Import Dwell Fee applies to all loaded import containers on site on the effective date and thereafter.

    The below charges would apply after the expiration of the Free Time period:
  • 1-3 days after expiration of Free Time: USD 50 per container per day
  • 4-7 days after expiration of Free Time: USD 75 per container per day
  • 8-13 days after expiration of Free Time: USD 100 per container per day
  • 14 days thereafter expiration of Free Time: USD 150 per unit per day

Please keep in mind that containers will remain on hold at the terminal until the payment has been executed. You can complete the charges’ payment online via Lynx with a credit card or guarantee. If you should have questions concerning this topic, please get in touch with the Port of Houston team.

shutterstock_1650155962

Watch Commodities As China Heads for Pivotal Week

(Bloomberg) Commodities are entering a crucial period as earnings season gathers pace, Europe firms up its energy-crisis response, and China’s political elite gathers in Beijing for a twice-a-decade summit. 

Companies due to weigh in on this year’s wild markets include aluminum producer Alcoa, oilfield giant Schlumberger, and, for battery materials, Elon Musk’s Tesla.

Source: https://gcaptain.com/watch-commodities-as-china-heads-for-pivotal-week/

Ocean-Network-Express-ONE-780x470-1

ONE set for singularly awful first year with $600m loss –

The operations and maintenance service contract will commence in June and secure utilisation of the vessel until the fourth quarter of 2022.

Daniel Alon, general manager of C-Bed, commented: “Last time we worked with Vattenfall was in 2016, and we are happy to once again be working together, this time welcoming more than 60 people onboard our SOV[………]

Source: ONE set for singularly awful first year with $600m loss –

shutterstock_17259110441

New Amendments to the Maritime Labour Convention Draw on Pandemic Lessons

Stakeholders in the global shipping industry have adopted new amendments to Maritime Labour Convention (MLC 2006) aimed at improving the living and working conditions of seafarers.

The amendments, eight in total, were adopted during a meeting of the International Labor Organization’s (ILO) Special Tripartite Committee in Geneva, Switzerland last week.

The MLC 2006, often referred to as the “Seafarers Bill of Rights”, is an ILO convention designed to protect seafarers’ rights and uphold minimum living and working standards. First entering into force in 2013, the convention has now been ratified by more than 100 countries representing over 90% of the world fleet[…….]

Source: New Amendments to the Maritime Labour Convention Draw on Pandemic Lessons
shutterstock_464835863 (1)

CMA CGM Launches Early Container Return Incentive

CMA CGM has announced plans to implement an industry-first incentive program designed to encourage the early return of empty containers and help exporters get the equipment needed.

The program, which launches today to U.S. customers, gives customers who return empty containers early a $300 credit per dry container to either the FMS terminal in Los Angeles or one of four CMA CGM return locations across the country (Chicago, IL; Dallas, TX; Kansas City, KS; and Memphis, TN). [………….]

ql_s1

INDIA’S SURPRISE WHEAT EXPORT BAN TRAPS 1.8 MILLION TONNES AT PORTS

By Rajendra Jadhav

MUMBAI, May 16 (Reuters) – India’s wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market, four dealers told Reuters.

New Delhi banned wheat exports on Saturday, just days after saying it was targeting record shipments of 10 million tonnes this year, as a scorching heat wave curtailed output and domestic prices hit a record high.

Only exports backed by letters of credit (LCs), or payment guarantees, issued before May 13 can proceed before the ban takes effect, India has said. [……..]