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Glossary Shipping Terms

Security Surcharge

In terms of the ISPS code, shipping lines, ports and terminals are required to place appropriate security officers/personnel on each ship, in each port facility and in each shipping company to prepare and to put into effect the security plans that will be implemented.

There is a lot of manpower, planning and equipment that goes into the implementation of the ISPS code and to ensure the safety and security of the ship’s crew and the staff in the port.

In order to cover these costs, the shipping lines charge a Security Surcharge (also known as ISPS surcharge).

A customer might get charged ISPS surcharge in the form of Carrier Security Fee and/or Terminal Security Charge and the quantum of this charge levied by the shipping line varies depending on the port of call as some of these costs are variable.

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