Maritime Industry Grapples With Rising Demurrage Costs

Maritime Industry Grapples With Rising Demurrage Costs

This article analyzes the meaning of "On Demurrage" in voyage charters and its relationship with demurrage charges. Demurrage fees are costs incurred by the charterer for exceeding the loading and unloading period specified in the contract, usually calculated on a daily basis. The contract outlines the conditions for entering a state of demurrage, which varies in terminology across different countries. Additionally, it explores the distinctions between demurrage in voyage charters and container transport.

07/28/2025 Logistics Encyclopedia
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Ship Tracking Tech Boosts Maritime Safety and Efficiency

Ship Tracking Tech Boosts Maritime Safety and Efficiency

Ship positioning tracking employs technologies like GNSS to monitor vessel locations in real-time, crucial for ensuring navigation safety, enhancing transportation efficiency, and supporting marine monitoring and resource development. This technology prevents collisions, optimizes routes, and aids in search and rescue operations. Furthermore, it enables cargo tracking, optimizes logistics, and promotes the intelligent development of the shipping industry. It is an indispensable component of modern maritime transport, contributing to safer and more efficient global trade.

09/29/2025 Logistics Encyclopedia
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Wicklow Port Adapts to Irelands Shifting Maritime Economy

Wicklow Port Adapts to Irelands Shifting Maritime Economy

Wicklow Port, located on the east coast of Ireland, boasts a rich maritime history. In 2016, its management was transferred to Wicklow County Council, reflecting adjustments in Ireland's national port policy. Beyond cargo transport, the port supports a vibrant fishing industry and maritime leisure activities. Looking ahead, Wicklow Port aims to explore new development opportunities, potentially focusing on marine tourism and enhancing its role within the local community and the wider Irish economy.

09/29/2025 Port Encyclopedia
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Kathmandus Trade Reliance on Distant Seaports Grows

Kathmandus Trade Reliance on Distant Seaports Grows

Kathmandu, the capital of Nepal, is a landlocked city deeply connected to maritime trade. Goods are primarily transshipped through ports in neighboring India. Nepal is actively seeking diversified transportation solutions to improve trade efficiency. Although not a port city, Kathmandu's economic lifeline is inextricably linked to maritime transport. The city's development hinges on efficient access to global markets via sea routes, highlighting the importance of regional cooperation and infrastructure development for landlocked nations.

09/29/2025 Port Encyclopedia
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Export Invoice Compliance Guide Aids Risk Mitigation

Export Invoice Compliance Guide Aids Risk Mitigation

This paper analyzes the key aspects of export invoice preparation from a data analyst's perspective. It covers crucial elements such as invoice header, issuer information, invoice number, contract number, letter of credit number, issuance address and date, origin and destination, mode of transport, and transportation means. Furthermore, it offers data-driven compliance recommendations to help export companies avoid potential risks and improve trade efficiency. The paper also explores the future trends of digital invoices.

09/26/2025 Document Interpretation
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China Southern Airlines Enhances Cargo Efficiency with Ulds

China Southern Airlines Enhances Cargo Efficiency with Ulds

This paper provides a detailed introduction to the common ULD types (both pallets and containers) used on China Southern Airlines cargo aircraft. It covers key information such as dimensions, weight capacity, and applicable aircraft models. Furthermore, it offers comprehensive considerations for ULD selection and usage precautions, aiming to assist cargo personnel in efficient loading and improve cargo handling efficiency. This information is crucial for optimizing cargo operations and ensuring safe and effective transport.

09/26/2025 Logistics Encyclopedia
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Global Freight Booking Trends Key Insights for Efficiency

Global Freight Booking Trends Key Insights for Efficiency

To efficiently book global freight, provide origin and destination, mode of transport, responsible party for pricing, estimated shipping date, cargo details, container size and quantity, weight per container, and pickup/loading arrangements. Special cargo, such as refrigerated goods, dangerous goods, or oversized cargo, requires additional information. Mastering these key details ensures a smooth freight booking process. This comprehensive approach streamlines the process and minimizes potential delays or complications in international trade and logistics.

09/28/2025 Logistics Encyclopedia
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Businesses Adapt Strategies to Tackle Rising IMO Shipping Costs

Businesses Adapt Strategies to Tackle Rising IMO Shipping Costs

MCC Transport Philippines has adjusted the IMO surcharge for dangerous goods, impacting business transportation costs. This analysis details the specifics and implications of this adjustment, suggesting strategies for businesses to mitigate the impact. These strategies include optimizing transportation plans, strengthening compliance management, improving supply chain efficiency, and leveraging data-driven decision-making. The aim is to help businesses effectively control costs, reduce risks, and achieve sustainable development in the face of these changes.

09/28/2025 Logistics Encyclopedia
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Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

A feeder vessel, KMTC Surabaya, operated by Korea Marine Transport Co. (KMTC), collided with the bulk carrier Glengyle in Vietnam. Both vessels sustained damage, but no casualties were reported. The accident may lead to route delays and potential environmental pollution. Businesses should closely monitor the situation, adjust logistics plans, strengthen risk management protocols, and cooperate with the accident investigation. The incident highlights the vulnerability of supply chains to maritime accidents and the importance of preparedness.

11/03/2025 Logistics
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Zamboanga Airport Expands As Southern Philippines Cargo Hub

Zamboanga Airport Expands As Southern Philippines Cargo Hub

This article provides detailed information about Zamboanga International Airport (ZAM) in the Philippines, covering its airport code, general overview, air freight operations, customs clearance requirements, route network, and instructions for using the West Coast Cargo Network three-letter code query system. It aims to serve as a comprehensive and practical reference guide for freight forwarders, logistics professionals, and travelers, facilitating efficient and convenient business operations and travel arrangements. The guide helps users navigate air freight processes and understand airport functionalities.

09/29/2025 Airport Codes
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