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INTERNATIONAL SHIP SECURITY ZIM-ISS

Abbreviation
ZIM-ISS
Short code for this term
Category
Fees & Surcharges
Ocean freight fee type
Index
Z
Alphabetical index letter

Definition

The International Ship Security (ZIM-ISS) fee is a specific charge implemented to ensure compliance with the International Ship and Port Facility Security (ISPS) Code. This fee is primarily levied by shipping lines, such as ZIM, to cover the costs associated with the enhanced security measures required for vessels and port facilities. These measures are crucial in safeguarding against potential threats like terrorism and piracy, thus ensuring the safety of international maritime transport.

The responsibility for paying the ZIM-ISS fee typically falls on the shipper or consignee, depending on the terms agreed upon in the shipping contract. It is applicable in scenarios where cargo is being transported on international waters, and the shipping line needs to adhere to the ISPS Code regulations. The fee structure can vary based on the shipping line's policy and the nature of the cargo, but it is generally calculated on a per-container basis.

It is important to distinguish the ZIM-ISS fee from other related charges such as port security fees or terminal handling charges, which may also cover security-related expenses but are specific to different aspects of the shipping process. In practice, shippers and freight forwarders should ensure clarity in their freight quotations and contracts to avoid disputes over who bears the responsibility for this charge. Additionally, staying informed about any changes in security regulations or fee adjustments by shipping lines can help in accurate budgeting and planning of logistics operations.

Summary

ZIM International Ship Security charge for ISPS compliance.