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  • Demurrage, detention and freight rates
    26-11-2019

    Demurrage, detention and freight rates

    If you are a trading company or a freight forwarder who involves in international ocean shipping, you may have encountered incidents where your shipment, for whatever reason (let's say, Custom inspection, strike, port congestion, etc.) employ ocean carrier's containers for prolong period in seaport or your warehouse. And soon you face a huge bill of, whether it is Demurrage or Detention – from the liner which may be much larger that the value of the containers itself.

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