For Shipowners: Shipowners may confront demurrage charges when they fall short to load or unload the cargo inside the permitted spare time. For example, if their ship is delayed resulting from port congestion or other causes, they may be responsible for paying out demurrage.Need to know more about visibility for logistics and supply chain?  Then p

Understanding popular terms on earth of shipping and logistics is important in order to maintain effective operations all through the supply chain. A person term that shouldn’t be ignored is demurrage which might conclude in unpredicted and avoidable fees when not managed well. Demurrage charges are generally calculated per day and conclude once