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 here..
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 here..
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 here..
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 here..
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 here..
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 here..
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 here..
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 here..
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 here..
Shippers are becoming increasingly active stakeholders in the logistics business, forcing carriers and forwarders to adapt. Portrix Logistic Software’s Global Head of Marketing, Christian Sørensenon, talks to Shipping and Freight … Read more here..
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 here..
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 here..
Are demurrage and detention charges justified..?? No this is not my question..!! This is a question that has arisen on the back of rising demurrage and detention charges incurred due … Read more here..
Does demurrage and detention apply to LCL shipments is a question asked by a reader after reading the very popular article about the difference between demurrage and detention.. Go to … Read more here..
Is there a link between the demurrage charged by the shipping line and Incoterms®..?? This question was prompted by the below question from one of the readers.. Thank you Rizwan.. … Read more here..