MSC will implement a Misdeclaration Fee (CMD) in the following circumstances:
- Any change of named account, after the booking has been confirmed by MSC and in the event the rate level is lower than what was initially booked.
- Any misuse of contract detected (different commodities, port pairs, and/or accounts as the ones for which rates were initially filed)
The CMD will be charged USD 1000/container on all cargo from Cambodia, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Myanmar, Philippines, Singapore, Taiwan, Thailand and Vietnam to the below destinations as follows:
- To any destination except the U.S.: as from 22 March 2021 (B/L date) until further notice.
- To the U.S.: as from 20 April 2021 (B/L date) until further notice.
For further details, please contact your local MSC representatives in our global network of more than 500 offices.