Demurrage refers to the fees imposed when cargo continues to be in a port or terminal outside of the permitted free time. This free time is usually allotted for unloading or loading cargo, but when this period is exceeded, shipping firms impose demurrage charges on the trader.For example, Should your container is held within the port for also lengt

For Shipowners: Shipowners can also encounter demurrage charges whenever they fail to load or unload the cargo throughout the authorized spare time. For example, if their ship is delayed as a consequence of port congestion or other factors, They might be chargeable for spending demurrage.Spare time: Most shipping lines give a selected variety of ab