NVOCC's tariff filing system formally implemented on October 1

According to the ministry’s announcement, the filing system will take effect on October 1 and the transition period will take 60 days. NVOCCs should record the range of ocean freight (Ocean Freight) for exporting containerized goods from China's ports to foreign base ports, that is, the upper and lower limits for external quotation. The rate of tariffs filed should be normal and reasonable, and higher than the agreed freight rates with liner companies. Non-vessel carriers may determine their own rates of change, and shall file them in accordance with the format of the Shanghai Shipping Exchange that has been approved by the Ministry of Transport. NVOCCs may adjust their tariff rates on their own, and the published tariff rates for filing will be effective on the 30th day after the date of acceptance. However, the rate of tariffs for the first time after the entry into force of the Measures shall become effective on the date of acceptance.