IS ISPS SURCHARGE
SecurityKey Information
What is IS?
The ISPS Surcharge, abbreviated as IS, refers to a fee imposed to cover the costs associated with the implementation and maintenance of security measures under the International Ship and Port Facility Security (ISPS) Code. This code was established by the International Maritime Organization (IMO) as a comprehensive framework to enhance the security of ships and port facilities, primarily in response to heightened global security concerns post-9/11.
Shipping lines or port authorities typically levy this surcharge on the cargo owner or shipper, who is responsible for its payment. The charge is applied to ensure that the necessary security protocols—such as access control, surveillance, and emergency preparedness—are effectively implemented at ports and aboard vessels. These measures are crucial to safeguarding against threats such as terrorism, piracy, and smuggling.
The ISPS Surcharge is generally calculated on a per-container basis, though it might vary depending on the shipping line, port, or specific security needs of the region. Unlike other fees that might cover general operational expenses, this surcharge is strictly allocated for security-related enhancements and activities. It is distinct from terminal handling charges or customs duties, which serve different operational purposes.
In practice, it is essential for shippers and freight forwarders to account for this surcharge in their overall logistics planning and budgeting. They should remain informed about any changes in the surcharge rates or security regulations at destination ports, as these can impact the total shipping cost. Additionally, understanding the specific requirements of the ISPS Code in relevant jurisdictions can help in ensuring compliance and avoiding potential delays or penalties.
Frequently Asked Questions
The ISPS Surcharge, abbreviated as IS, is a fee covering the costs of security measures under the International Ship and Port Facility Security (ISPS) Code. This fee ensures compliance with international security standards to protect ships and port facilities.
The ISPS Surcharge is charged by shipping lines or port authorities and is paid by the shipper. This fee helps maintain necessary security protocols as mandated by international regulations.
The ISPS Surcharge is typically calculated on a per container basis. The exact amount can vary depending on the shipping line or port authority, reflecting the costs of implementing security measures.
Avoiding the ISPS Surcharge is challenging as it applies universally to ensure security. It is applied at the point of shipping to cover security costs, so ensuring container security compliance might be the only way to manage its impact.