We would like hereby to announce the change in demurrage and detention rates applicable to export/import cargoes from/to Korea, South effective from 15th of July 2024.
Exports
Current rates after free days (KRW)
| Equipment | Free days | 1st Slab | 20' / 40' | 2nd Slab | 20' / 40' | 
|---|---|---|---|---|---|
| 
                                Equipment
                             
                                Dry                             | 
                                    Free days
                                 
                                    14
                                 | 
                                    1st Slab
                                 
                                    15-21
                                 | 
                                    20' / 40'
                                 
                                    11,000 / 22,000
                                 | 
                                    2nd Slab
                                 
                                    22+
                                 | 
                                    20' / 40'
                                 
                                    22,000 / 44,000
                                 | 
| 
                                Equipment
                             
                                Reefer & Special                             | 
                                    Free days
                                 
                                    7
                                 | 
                                    1st Slab
                                 
                                    8-14
                                 | 
                                    20' / 40'
                                 
                                    50,000 / 70,000
                                 | 
                                    2nd Slab
                                 
                                    15+	
                                 | 
                                    20' / 40'
                                 
                                    70,000 / 90,000
                                 | 
New rates after free days (KRW)
| Equipment | Free days | 1st Slab | 20' / 40' | 2nd Slab | 20' / 40' | 
|---|---|---|---|---|---|
| 
                                Equipment
                             
                                Dry                             | 
                                    Free days
                                 
                                    14
                                 | 
                                    1st Slab
                                 
                                    15-21
                                 | 
                                    20' / 40'
                                 
                                    15,000 / 30,000
                                 | 
                                    2nd Slab
                                 
                                    22+
                                 | 
                                    20' / 40'
                                 
                                    30,000 / 50,000
                                 | 
| 
                                Equipment
                             
                                Reefer & Special                             | 
                                    Free days
                                 
                                    7
                                 | 
                                    1st Slab
                                 
                                    8-14
                                 | 
                                    20' / 40'
                                 
                                    65,000 / 80,000
                                 | 
                                    2nd Slab
                                 
                                    15+
                                 | 
                                    20' / 40'
                                 
                                    80,000 / 100,000
                                 | 
Imports
Current rates after free days (KRW)
| Equipment / Free days | 1st Slab | 20' / 40' | 2nd Slab | 20' / 40' | 3rd Slab / 20' / 40' | 
|---|---|---|---|---|---|
| 
                                Equipment / Free days
                             
                                Dry / 10                             | 
                                    1st Slab
                                 
                                    11-15
                                 | 
                                    20' / 40'
                                 
                                    11,000 / 22,000
                                 | 
                                    2nd Slab
                                 
                                    16-20
                                 | 
                                    20' / 40'
                                 
                                    22,000 / 44,000
                                 | 
                                    3rd Slab / 20' / 40'
                                 
                                    21+ / 44,000 / 88,000
                                 | 
| 
                                Equipment / Free days
                             
                                Reefer & Special / 6                             | 
                                    1st Slab
                                 
                                    7-13
                                 | 
                                    20' / 40'
                                 
                                    50,000 / 70,000
                                 | 
                                    2nd Slab
                                 
                                    14+
                                 | 
                                    20' / 40'
                                 
                                    70,000 / 90,000
                                 | 
                                    3rd Slab / 20' / 40'
                                 | 
New rates after free days (KRW)
| Equipment / Free days | 1st Slab | 20' / 40 | 2nd Slab | 20' / 40 | 3rd Slab / 20' / 40' | 
|---|---|---|---|---|---|
| 
                                Equipment / Free days
                             
                                Dry / 10                             | 
                                    1st Slab
                                 
                                    11-15
                                 | 
                                    20' / 40
                                 
                                    15,000 / 30,000
                                 | 
                                    2nd Slab
                                 
                                    16-20
                                 | 
                                    20' / 40
                                 
                                    30,000 / 50,000
                                 | 
                                    3rd Slab / 20' / 40'
                                 
                                    21+ / 50,000 / 90,000
                                 | 
| 
                                Equipment / Free days
                             
                                Reefer & Special / 6                             | 
                                    1st Slab
                                 
                                    7-13
                                 | 
                                    20' / 40
                                 
                                    65,000 / 80,000	
                                 | 
                                    2nd Slab
                                 
                                    14+
                                 | 
                                    20' / 40
                                 
                                    80,000 / 100,000	
                                 | 
                                    3rd Slab / 20' / 40'
                                 | 
- Change effective date is on Price Calculation Date basis.
- Shipments booked on Maersk Spot: Price Calculation Date is the booking creation date.
- Other shipments: Price Calculation Date is the last container’s gate-in date of the shipment for FMC regulated trades. For other trades, Price Calculation Date is the scheduled departure date of 1st loading vessel at the time of booking confirmation.
 
- For special export/import D&D deals contracted before 15th of July 2024, old rates shall be still applied until the end of deal validity period.
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