OSRA | FMC Regulatory compliance
Ocean Shipping Reform Act [OSRA] / Federal Maritime Commission
eModal provides regulatory compliant invoicing details for both Terminals and Lines
eModal provides regulatory compliant invoicing details for both Terminals and Lines
FMC Notice of Proposed Rulemaking
14 October 2022
On Thursday, June 16, 2022, President Biden signed into law S. 3580, the “Ocean Shipping Reform Act of 2022,” which authorizes appropriations for the Federal Maritime Commission (FMC) for fiscal years 2022 through 2025; establishes additional requirements and prohibited conduct for ocean carriers; requires the FMC to issue rules related to certain fee assessments (including demurrage invoicing requirements), prohibited practices, and establishment of a shipping registry; and authorizes the FMC under certain circumstances to issue an emergency order requiring common carriers to share information directly with shippers and rail and motor carriers.
Ocean Carriers, Marine and Rail Terminals are advised to immediately initiate OSRA / FMC compliant invoicing for demurrage activities. Click the link above to contact the eModal OSRA Support Team to learn how. You may also contact us as SSL@AdventIntermodal.com.
eModal Fee Manager provides the following OSRA mandated demurrage invoicing requirements:
- (A) Date that container is made available
- (B) The port of discharge
- (C) The container number or numbers
- (D) For exported shipments, the earliest return date
- (E) The allowed free time in days
- (F) The start date of free time
- (G) The end date of free time
- (H) The applicable detention or demurrage rule on which the daily rate is based
- (I) The applicable rate or rates per the applicable rule
- (J) The total amount due
- (K) The email, telephone number, or other appropriate contact information for questions or requests for mitigation of fees
- (L) A statement that the charges are consistent with any of Federal Maritime Commission rules with respect to detention and demurrage
- (M) A statement that the common carrier’s performance did not cause or contribute to the underlying invoiced charges
Learn more about complying with the OSRA mandated invoicing requirements
OSRA Invoicing Details | Overview of eModal Support
eModal is The World's Largest Intermodal Fee Settlement Platform
Processing payments - Any fee | Any container | Anywhere
eModal Fee Manager is built upon the eModal platform taking advantage of eModal's existing interconnectivity & interoperability with the systems of Ocean Carriers, Marine & Rail Terminal Operators, Motor Carriers, freight forwarders, Third Party Logistics Providers (3PLs) and Beneficial Cargo Owners / Shippers.
Value-added Benefits:
Key Features:
Value-added Benefits:
- Automation of payment & reconciliation processes between systems
- Utilization of existing motor carrier and and customer terminal connectivity and user interfaces
- Ease of data connectivity & integration for holds and releases
- Gate control for proactive management of non-payment situations
- Reduction of middle layer processing fees & 3rd party collections
Key Features:
- Presentation of all the necessary billing and invoicing information for OSRA regulatory compliance [SEE ABOVE]
- Automatic fee collection of all cargo payments for ports & terminals
- Order to cash management, reporting & reconciliation of all fees
- Any supply chain fee may be collected, including demurrage, storage detention, exam & port fees
- Any published fee can be collected, pre or post gate move
- Pay via Credit Card, ACH Check or guaranteed invoice
- Online eCommerce billing, collection, charge backs, refunds & settlement of terminal port fees from eModal.com or automated with API
- Reduces overhead staffing to accept payments & provide phone support
- Dedicated eModal eCommerce team for support
- Online training, video tutorials & user guides
How it works
System demonstration video
How users can set up electronic payments
Using the eModal Fee Payment Cart, users can pay by credit card or follow the the following simple steps to connect banking information and begin paying fees
ACH Set Up Instructions
