For Shipowners: Shipowners can also experience demurrage charges if they fail to load or unload the cargo within the permitted spare time. For example, if their ship is delayed as a result of port congestion or other causes, They might be liable for shelling out demurrage.In a fast-paced market similar to the UAE, being in advance of potential prob

Understanding widespread terms in the world of shipping and logistics is important so that you can keep helpful functions all through the supply chain. A single term that shouldn’t be missed is demurrage which often can conclusion in sudden and unnecessary charges when not managed nicely. ocean freight shipping Demurrage and detention are a few