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Mar 8, 2022 · Demurrage and detention are two terms in trade, freight shipping, and logistics that often confuse people in the industry. The terms seem similar as they relate to freight fees that compensate ports and facilities for storage when cargo is delayed.
Jan 11, 2021 · If the consignee (customer) or shipper delays returning the empty container as agreed, the carrier will start charging the consignee after a certain number of days. These are called detention charges or detention fees. Like demurrage, it is also charged per container per day.
Aug 28, 2023 · Demurrage and detention are separate but linked in the journey of your cargo. Demurrage charges always relate to the time a container is inside a terminal. Demurrage penalty fees/charges are used to prevent containers from being stored at the port for a long time.
Jul 8, 2009 · Demurrage and detention are two terms that often confuses people in global trade, shipping, freight and logistics.. This has also lead to several financial losses many a time..
Our freight forwarding experts explain demurrage fees, as well as detention and storage charges, and share their tips to avoid additional costs.
Nov 10, 2023 · Explore shipping fees with a guide on container detention and demurrage to understand their impact, causes, and strategies to mitigate charges.
Demurrage and detention are incredibly important terms that often lead to abandoning of container ship cargoes if the costs and meaning are not fully anticipated – so we’ve put together a quick guide outlining what these terms mean and why they’re important to understand.
Mar 21, 2024 · Discover the difference between demurrage, detention, and per diem charges. Learn how to optimize your shipping and prevent costly delays!
Jun 5, 2024 · Detention and Demurrage refer to the time a container spends either on terminal premises or outside the port premises. Learn all about the charges and how to handle them. Table of Contents. The importance of Detention and Demurrage. Defintion. Effects on Imports and Exports. How to handle D&D. Conclusion. The Importance of Detention and Demurrage.
Demurrage: This pertains to the duration filled containers linger within the terminal. The timeframe commences when they are offloaded from the vessel or train and concludes upon their retrieval from the port (gated out). Detention: This denotes the period containers remain outside the terminal.
