COSCON announces Elsewhere Payment Fee for Transpacific Trade

COSCO Container Lines would like to announce Elsewhere Payment Fee (EPF) for all shipments that Bills of Lading for freight payment in Hong Kong while neither cargo origin nor cargo destination is Hong Kong or Guangdong Province in China on Far East to USA, Canada; Canada to Asia and USA to Asia/Oceania/Indian/ Sub-Continent/Canada Trade and take effect from October 12, 2013, the company said in a press release.

The EPF will be USD50 per B/L.