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The Passenger Vessel Services Act of 1886, sometimes abbreviated to PVSA, Passenger Services Act, or PSA, is a protectionist piece of United States legislation which came into force in 1886 relating to cabotage. It says that no foreign vessels may transport passengers between ports or places in the United States, either directly or by way of a ...
PSA International Pte Ltd, formerly the Port of Singapore Authority, is a global port operator and supply chain company.One of the largest port operators in the world, PSA's portfolio comprises over 70 deepsea, rail, and inland terminals across more than 180 locations in 45 countries, including flagship operations in Singapore and Belgium, and encompasses supply chain solutions, marine, and ...
Haulers will usually charge an hourly rate for each hour after the allowed time. [7] Demurrage can also refer to the cost levied by shipping lines to cover redecoration of the container after use by the merchant, but it could also be the charges by the shipping line to customers for not returning the container in a reasonable time. [8]
Similarly to the shipping agent fees, protecting agent will charge the agency fee that may be either state regulated and thus fixed or negotiable. It is common practice to have a protecting agency fee as much as 50% of the full agency fee. [4]
MPA harbour launch in the Johor Strait near Pulau Ubin. The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996 by the MPA Act of 1996 through the merger of the Marine Department (which was under the then Ministry of Communications), National Maritime Board and the Regulatory departments of the former Port of Singapore Authority (PSA).
Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship.
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International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa.
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