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HLogistics Term

Harbor Maintenance Fee (HMF)

A fee imposed by U.S. Customs on cargo imports arriving at U.S. coastal ports.

Definition

A fee imposed by U.S. Customs on cargo imports arriving at U.S. coastal ports. The HMF is collected to fund the maintenance of harbors and navigation channels. It is typically calculated as a percentage of the shipment's value and is required for both commercial cargo and passenger vessels

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