Revised Tariff Rule - Free Time and Demurrage in The Far East

Customer Advisory

Revised Tariff Rule - Free Time and Demurrage in The Far East

Dear Valued Customer:

Westwood Shipping Lines is providing advance notice of change to the exception clause of the free time and demurrage tariff rule in the Far East.

Effective February 13, 2023, Tariff 032, Rule #17, Free Time and Demurrage in the East Asia, Section 2, free time and demurrage tariff rule for dry 20ft and 40ft containers with a destination in Japan and Korea, rates will increase as described below.

Summary of free time and demurrage tariff rule to be expired February 12, 2023:

Destination	Container Type	Free Time	Free Day	Day	20' JPY	40' JPY
Japan	DRY	8	Calendar	1-5	4,000	6,000
Japan	DRY	8	Calendar	6-9	8,000	12,000
Japan	DRY	8	Calendar	10+	16,000	24,000

Destination	Container Type	Free Time	Free Day	Day	20' KRW	40' KRW
Korea	DRY	8	Calendar	1-10	10,000	15,000
Korea	DRY	8	Calendar	11-30	15,000	25,000
Korea	DRY	8	Calendar	31+	30,000	45,000

Summary of free time and demurrage tariff rule effective February 13, 2023:

Destination	Container Type	Free Time	Free Day	Day	20' JPY	40' JPY
Japan	DRY	8	Calendar	1-5	4,500	7,000
Japan	DRY	8	Calendar	6-9	11,000	16,000
Japan	DRY	8	Calendar	10+	17,500	25,000

Destination	Container Type	Free Time	Free Day	Day	20' KRW	40' KRW
Korea	DRY	8	Calendar	1-10	10,000	15,000
Korea	DRY	8	Calendar	11-20	22,000	33,000
Korea	DRY	8	Calendar	21+	33,000	45,000

We thank all our customers for your understanding and continued business support.

To access the complete rules or require further assistance, please contact your Westwood sales manager.