Demurrage and Detention is a pain for many in the industry – whether you are a carrier or customer.. I have written several articles relating to demurrage and detention which you can read here..
Demurrage and detention are two terms that often confuse people in global trade, shipping, freight, and logistics. This has also led to financial losses many a time for customers. Demurrage … Read more..
Does a shipping line charge demurrage and detention for LCL shipments the same way they charge for FCL shipments..??
The FMC set up Fact Finding 29 in March 2020 in response to many complaints raised with the FMC to investigate challenges to the freight delivery system in the USA … Read more..
What is the difference between a shipper owned container and a carrier owned container..?? A shipper owned container is a container owned by the shipper of the goods and a … Read more..
In one my previous articles, I explained the Difference between Demurrage and Detention.. After reading this, a few of my readers have asked me to explain the causes of demurrage and … Read more..
The Federal Maritime Commission (FMC) has been thrust into the limelight recently due to various challenges faced by the trade and complaints laid by customers in terms of demurrage and detention … Read more..
Digitalisation is the use of digitisation (the transition from an analog format to a digital format) and digital technologies to convert your business to a digital business.. Digitalisation has been … Read more..
To many customers around the world, demurrage and detention costs represent some of the most expensive fees that they will incur in the process of a trade transaction.. Although demurrage … Read more..
Global sea trade has been trading blind for centuries because once the ship left the port of load with the goods, there was very little visibility on the whereabouts of … Read more..
The issue of what the Federal Maritime Commission (FMC) may consider in assessing whether a demurrage or detention practice is unjust or unreasonable has seemingly been put to rest with … Read more..
International trade continues to experience growing pains related to demurrage and detention charges. Unfortunately, global transport interpretations result in an assumption that these terms are interchangeable. Depending on the origin … Read more..
Demurrage and Detention has been a bone of contention between shipping lines and customers for several years.. Shipping lines have been charging demurrage and detention costs on containers that the … Read more..
Demurrage and Detention – two terms that may be at the top of the most controversial charges levied by shipping lines.. While shipping lines may consider demurrage and detention a … Read more..
As you maybe aware, the Federal Maritime Commission initiated investigation, Fact Finding 28, in March 2018 to look into the question whether demurrage and detention charges in the shipping industry were justified.. Industry … Read more..
Even though there are distinct differences between demurrage, detention and port charges, many are still oblivious to these differences and there have been several questions on this blog relating to … Read more..