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- Rich Roche
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The Ocean Shipping Reform Act of 2022 was signed into law by President Biden on June 16, 2022. Whereas OSRA 2022 addresses multiple challenges associated with the US container supply chain, the big topics of interest revolve around invoice requirements for ocean carriers that are specific to demurrage and detention, as well as how parties can dispute charges by filing a “Charge Complaint” with the Federal Maritime Commission. This real-world analysis of OSRA 2022 will begin with an update of where things stand with the implementation of the act and then go into detail about how carriers are now required to structure invoices for demurrage and detention, and what shippers must to do submit valid charge complaints to the FMC. An integral component of the multiple classes offered on maritime logistics, this is a must attend for all TPM attendees.