Rate announcements

Export/Import demurrage and detention rate – Korea, South to/from World

Summary: We would like hereby to announce the change in demurrage and detention rates applicable to export/import cargoes from/to Korea, South effective from 15th of July 2024.
10 Jun 2024

We would like hereby to announce the change in demurrage and detention rates applicable to export/import cargoes from/to Korea, South effective from 15th of July 2024.

Exports

Current rates after free days (KRW)

Equipment Free days 1st Slab 20' / 40' 2nd Slab 20' / 40'
Equipment
Dry
Free days
14
1st Slab
15-21
20' / 40'
11,000 / 22,000
2nd Slab
22+
20' / 40'
22,000 / 44,000
Equipment
Reefer & Special
Free days
7
1st Slab
8-14
20' / 40'
50,000 / 70,000
2nd Slab
15+
20' / 40'
70,000 / 90,000

New rates after free days (KRW)

Equipment Free days 1st Slab 20' / 40' 2nd Slab 20' / 40'
Equipment
Dry
Free days
14
1st Slab
15-21
20' / 40'
15,000 / 30,000
2nd Slab
22+
20' / 40'
30,000 / 50,000
Equipment
Reefer & Special
Free days
7
1st Slab
8-14
20' / 40'
65,000 / 80,000
2nd Slab
15+
20' / 40'
80,000 / 100,000

Imports

Current rates after free days (KRW)

Equipment / Free days 1st Slab 20' / 40' 2nd Slab 20' / 40' 3rd Slab / 20' / 40'
Equipment / Free days
Dry / 10
1st Slab
11-15
20' / 40'
11,000 / 22,000
2nd Slab
16-20
20' / 40'
22,000 / 44,000
3rd Slab / 20' / 40'
21+ / 44,000 / 88,000
Equipment / Free days
Reefer & Special / 6
1st Slab
7-13
20' / 40'
50,000 / 70,000
2nd Slab
14+
20' / 40'
70,000 / 90,000
3rd Slab / 20' / 40'

New rates after free days (KRW)

Equipment / Free days 1st Slab 20' / 40 2nd Slab 20' / 40 3rd Slab / 20' / 40'
Equipment / Free days
Dry / 10
1st Slab
11-15
20' / 40
15,000 / 30,000
2nd Slab
16-20
20' / 40
30,000 / 50,000
3rd Slab / 20' / 40'
21+ / 50,000 / 90,000
Equipment / Free days
Reefer & Special / 6
1st Slab
7-13
20' / 40
65,000 / 80,000
2nd Slab
14+
20' / 40
80,000 / 100,000
3rd Slab / 20' / 40'
  • Change effective date is on Price Calculation Date basis.
    • Shipments booked on Maersk Spot: Price Calculation Date is the booking creation date.
    • Other shipments: Price Calculation Date is the last container’s gate-in date of the shipment for FMC regulated trades. For other trades, Price Calculation Date is the scheduled departure date of 1st loading vessel at the time of booking confirmation.
  • For special export/import D&D deals contracted before 15th of July 2024, old rates shall be still applied until the end of deal validity period.

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