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Emergency Port Surcharge CMA-EPS

Abbreviation
CMA-EPS
Short code for this term
Category
Fees & Surcharges
Ocean freight fee type
Index
C
Alphabetical index letter

Definition

The Emergency Port Surcharge (CMA-EPS) is a fee imposed by the shipping line CMA CGM to address unexpected costs that arise due to urgent port-related issues. This surcharge is typically levied when unforeseen circumstances, such as labor strikes, natural disasters, or sudden regulatory changes, impact port operations, leading to additional operational expenses. These situations often necessitate immediate action and resource allocation, which in turn results in increased costs for the shipping line.

The CMA-EPS is collected by CMA CGM and is generally payable by the freight forwarder or the consignee, depending on the terms of the shipping contract. This fee is applicable in scenarios where ports encounter significant disruptions that affect the efficient loading and unloading of cargo. The surcharge is calculated based on the additional costs incurred by the carrier and is usually communicated to the affected parties through a formal notice, specifying the amount and duration of the surcharge.

It is crucial to distinguish the CMA-EPS from other standard port charges, such as terminal handling charges or congestion fees, which are typically more predictable and part of regular operations. The Emergency Port Surcharge is specifically designed to recover costs arising from exceptional situations that are beyond the control of the shipping line.

In practice, shippers and freight forwarders should stay informed about potential disruptions at key ports and maintain open communication with their carriers to anticipate any additional charges. Understanding the conditions under which the CMA-EPS might be applied can help in better budgeting and planning for potential extra costs.

Summary

CMA CGM Emergency Port Surcharge for urgent port-related cost recovery.