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Int'l Ship/Port Facility Security Surcharge at Discharge ISPS/D

Abbreviation
ISPS/D
Short code for this term
Category
Fees & Surcharges
Ocean freight fee type
Index
I
Alphabetical index letter

Definition

The International Ship and Port Facility Security Surcharge at Discharge (ISPS/D) is a critical fee implemented to ensure enhanced security measures at the destination port. This surcharge arises from the International Ship and Port Facility Security (ISPS) Code, an international framework established by the International Maritime Organization (IMO) to bolster the security of ships and port facilities. The ISPS/D fee is specifically levied to cover the costs associated with maintaining these heightened security standards when cargo is unloaded at the destination port.

Typically, this charge is collected by the destination port authorities or the shipping line and is usually borne by the consignee or the freight forwarder handling the shipment. The fee is calculated based on the volume or weight of the cargo, or as a flat charge per container, depending on the shipping line's policy and contractual agreements with the consignee.

The ISPS/D fee is distinct from other port charges, such as terminal handling charges or customs duties, as it is solely dedicated to security-related expenses. It is vital for logistics professionals to be aware of this surcharge to ensure accurate budgeting and invoicing. In practice, it is crucial to confirm this fee's inclusion in the shipping quote to avoid unexpected costs upon cargo arrival. Additionally, understanding the variations in ISPS/D charges across different ports can aid in route planning and cost optimization.

Summary

ISPS Security Surcharge at Discharge Port for security measures at the destination port.