ANTAQ LAUNCHES PUBLIC CONSULTATION ON REGULATORY OUTCOME ASSESSMENT

The National Waterway Transportation Agency (ANTAQ) has approved a Regulatory Outcome Assessment Public Hearing on Resolution 62/2021, which aims to reduce information asymmetry regarding container demurrage. The period for sending contributions will begin next Monday (18). The regulation under review created various standards to improve market efficiency, such as the obligation of transparency and free consultation, the timeframe for the start and conclusion of free time counting, and scenarios in which this period’s counting is halted. The document in question will explore container demurrage concepts, offer historical context, and explain why this assessment is being undertaken, with an emphasis on the topic.

Source: Datamar News