Embassy Logistic Terms: ISPS
After 11 September 2001, on the initiative of the United States, a worldwide safety program was set up to combat terrorist activities within/through ports. To this end, various port authorities made additional investments to implement further safety measures. In order to recover these investments, an ISPS (International Ship & Portfacility Security) allowance applies to each container/shipment.
More information about ISPS ?
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