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June 5 2023

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SAT SUN 10 Journal of Commerce | J une 5, 2023 Cover Story US MARITIME REGULATORS in June are expected to vote on rulemaking tied to detention and demurrage that has divided the shipping industry for years, spurred federal legislation and is already changing how ocean carriers charge for storage over the weekend. Since last June, when President Joe Biden signed the Ocean Shipping Reform Act of 2022 (OSRA-22) into law, the Federal Maritime Commis- sion (FMC) has received countless recommendations from industry and poured through public feedback, and the agency will review the final rule before voting and releasing it to the public. While the deadline is June 15, sources say the real publication date could be one or two months beyond, possibly pushing into August. Final FMC rule could reshape more than just detention, demurrage billing processes By Teri Errico Gri"is Weekend detention

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