American Commercial Lines Tightens Grain Contract Terms

Monday, October 01, 2007
American Commercial Lines Inc. (NASDAQ: ACLI) announced it has increased its ancillary charges for grain shipments, effective immediately. Gulf reconsignment charges, the fees assessed to shippers for changing the destination consignee on Gulf in-port moves, will rise from $300 to $500. ACL will also increase demurrage charges. At origin locations, the new terms include a load and release commitment of 3 days, with demurrage charges for days four and five at $200 per day and days six and beyond at $400 per day. At destination locations, ACL will increase demurrage charges to $500 per day after three free unloading days.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0832 sec (12 req/sec)