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NORD YOUNG


Who Pays for Chinese-Built Tonnage? USTR Port Fees, the BIMCO Clauses, and a Suspension Ending in November
On 10 November 2025, the United States and China each suspended the port fee regimes they had imposed on one another's shipping. The suspension runs twelve months. It expires on 10 November 2026, which is roughly five weeks from now, and there is no guarantee it will be renewed. Most charter parties fixed since then have been written as though the fees do not exist, because at the moment of fixing they did not. If the measures resume, those contracts will be silent on a charg
Richard Young
5 days ago12 min read


Why a $33.7 Million Demurrage Claim Failed: The Peloton Decision and How U.S. Detention and Demurrage Actually Works
On September 9, a Federal Maritime Commission administrative law judge rejected Peloton Interactive's claim against Flexport in full. The company had sought $33.7 million in detention, demurrage, and storage charges accumulated during the pandemic-era supply chain disruption. It recovered nothing. The breakdown of what was claimed is instructive. Roughly $13.8 million in demurrage, $16.2 million in equipment detention, and $3.7 million in yard and warehouse storage, across th
Richard Young
Sep 147 min read


Equipment Breakdown for Terminals and Warehouses: The Peril Your Property Policy Excludes
A hoist motor on a ship-to-shore crane burns out. A compressor in a refrigerated warehouse seizes on a Friday night. A transformer feeding a bulk conveyor system arcs and fails. In each case the equipment is destroyed, the operation stops, and the commercial property policy does not respond. Not because of a limit, a deductible, or a coverage dispute, but because the property form excludes the cause of loss by design. Equipment breakdown coverage fills that gap. It is inexpen
Richard Young
Sep 98 min read


Business Interruption for Shoreside Operations: The Extensions That Decide Whether It Pays
For a terminal operator, warehouse, or forwarder, revenue can stop overnight while costs carry on. Rent, equipment leases, payroll, and financing do not pause because a fire closed your facility or a windstorm took the roof off. Business interruption coverage exists to bridge exactly that gap, and for an operation with high fixed costs it is frequently the difference between a difficult year and a closed business. It is also the coverage most often bought at the base level an
Richard Young
Sep 38 min read


America's New Container Port: What the Louisiana International Terminal Means for Gulf Operators
On August 17, the U.S. Army Corps of Engineers granted the federal permit authorizing construction of the Louisiana International Terminal at Violet in St. Bernard Parish, on the Lower Mississippi River downriver from New Orleans. The permit clears the last major regulatory hurdle for what Port NOLA describes as the only new greenfield container port currently under development in the United States. Construction is expected to take five years. The projected investment is roug
Richard Young
Aug 195 min read
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