NewsCarriers and forwarders to lose mark-up on THC collection in Dubai

October 11, 2023by 0

Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.
According to a decree by the Dubai Maritime Authority (DMA), which governs ports, customs and free-zones in the UAE, carriers or freight intermediaries like NVOCCs and freight forwarders have been barred from collecting terminal handling charges (THCs) on behalf of customers for payment to terminal operators.
“The …

The post Carriers and forwarders to lose mark-up on THC collection in Dubai appeared first on The Loadstar.

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