Oldsailors Ocean Shipping LLC – FMC Tariff 002

FMC License No.: 026435N | Effective: April 16, 2019 | Published: April 16, 2019

Rule 9: Freight Forwarder Compensation

Carrier shall pay compensation as negotiated on the applicable ocean freight charges to base ports, on cargo loaded, including heavy lift and extra length revenue, but excluding all other charges, except as provided below, subject to the following conditions and exceptions.

A. Compensation to be paid only to Freight Forwarders who are licensed or otherwise authorized by the Federal Maritime Commission.

B. Compensation shall be paid only if the freight forwarder has performed, in addition to the solicitation and securing of the cargo for the ship or the booking of, or otherwise arranging for space for such cargo, two or more of the following services:

1) The coordination of the movement of the cargo to shipside

2) The preparation and processing of the ocean Bill of Lading

3) The preparation and processing of dock receipts or delivery orders

4) The preparation and processing of consular documents or export declarations

5) The payment of the ocean freight charges on the cargo

C. Compensation shall be paid upon presentation of a duly certified invoice and may not be deducted from ocean freight and other charges due in accordance with rates and conditions in this Tariff.

D. Bills for compensation will not be honored unless presented to carrier within sixty days of the date of clearance of vessel.

E. Compensation will not be paid on through Bill of Lading cargo originating at port of loading beyond the application of this tariff.

F. No compensation shall be paid to anyone at port or ports of destination.

G. Freight Forwarders who are also Licensed Custom House Brokers shall be paid compensation as specified below based on the aggregate of all rates and charges applicable under this tariff, subject to the above conditions and exceptions.

H. Freight Forwarder Compensation: as specified in the individual NRA/NSAs.