Israel DnD Calculation Change 01.05.2020
Effective from May 1st, 2020, we hereby notify you the following change at our Import Combined Demurrage & Detention tariff calculation in Israel.
Maersk will use a Progressive method to calculate demurrage and detention charges upon expiry of the free-time.
The tariff itself and the agreed free time will not be affected by this change.
To explain the new method:
Progressive means: for customers with special deals, after the extended free time expires, any additional days will be subject to the demurrage and detention charges as per the relevant day count in our tariff tier structure. This means that the subsequent demurrage and detention charges beyond extended free time will not automatically be calculated basing on the tariffs of 1st tier.
Please refer to the below table which shows the change using a hypothetical example of a customer with a special free time agreement for Dry 20´ in Israel:
We appreciate your business and look forward to continuing working with you in the future.
Should you have any further queries, please feel free to contact your local Maersk representatives or visit our website Maersk website