Ocean Freight Industry Grapples With Detention Demurrage Costs

Ocean Freight Industry Grapples With Detention Demurrage Costs

In ocean freight exports, detention and demurrage charges are common additional expenses. This article analyzes the difference between these two fees: detention charges apply to exceeding the container's free use period, while demurrage charges apply to exceeding the cargo's free storage period at the terminal. Understanding their respective free time allowances and charging standards can help foreign trade companies effectively control logistics costs. Knowing how these fees are calculated and when they apply is crucial for minimizing unexpected expenses and optimizing supply chain efficiency.

08/22/2025 Logistics Encyclopedia
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Siem Reap Port Emerges As Key Cambodian Trade Hub

Siem Reap Port Emerges As Key Cambodian Trade Hub

This article introduces the overview, types, routes, and role of Siem Reap Port in Cambodia's water transport system. As an inland barge port, Siem Reap Port connects the inland with coastal ports, serving as an important supplement to Cambodia's foreign trade. The article also lists other major Cambodian seaports and looks forward to the future development of Siem Reap Port. It highlights the port's significance in facilitating trade and contributing to the overall connectivity within Cambodia and its connection to the global market via coastal hubs.

09/29/2025 Port Encyclopedia
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Key Fees and Practices in Heavy Container Shipping Explained

Key Fees and Practices in Heavy Container Shipping Explained

This article delves into the multiple definitions of a 'heavy container' in sea freight, encompassing ISO standards, shipping company regulations, port weight restrictions, and specific business contexts. It elaborates on the mechanisms that generate overweight charges and provides practical advice on how to avoid them. Suggestions include accurately measuring cargo weight and applying for 'heavy-rated containers.' The aim is to help foreign trade enterprises and freight forwarders effectively control logistics costs and improve operational efficiency by mitigating the risks associated with overweight containers.

09/26/2025 Logistics Encyclopedia
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Lanzhou Railway Port to Enhance Northwest Chinas Logistics Hub

Lanzhou Railway Port to Enhance Northwest Chinas Logistics Hub

The Lanzhou Railway Port New Area operation zone has passed the pre-acceptance inspection by inspection and quarantine authorities, marking the countdown to its official closure and operation. This pre-acceptance focused on the construction of the port's infrastructure and information platform, with the expert group providing improvement suggestions. The completion of the port will significantly improve logistics efficiency in the Northwest region and promote foreign trade. It represents a significant step towards establishing a crucial logistics hub connecting China with Central Asia and Europe.

09/26/2025 Logistics
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Ecommerce Firms Face Challenges in International Returns Management

Ecommerce Firms Face Challenges in International Returns Management

This article provides a detailed analysis for cross-border e-commerce sellers and foreign trade professionals regarding various reasons why international express shipments might be returned. It covers issues such as address problems, customs clearance difficulties, and packaging concerns. Furthermore, it offers practical tips and a 'pitfall avoidance' guide to help readers minimize the risk of return shipments and ensure successful delivery of goods. The aim is to provide actionable insights to navigate the complexities of international shipping and reduce potential losses associated with returned packages.

11/03/2025 Logistics Encyclopedia
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Global Shipping Firms Tackle Lost Bills of Lading Risks

Global Shipping Firms Tackle Lost Bills of Lading Risks

Losing an international ocean bill of lading is a common risk in foreign trade. This article provides a comprehensive guide to address this issue, covering risk analysis, liability division, emergency measures, and long-term strategies. Key areas include notifying the shipping company, public announcement for claim, delivery without the original bill of lading procedures, and risk prevention mechanisms. This helps companies effectively control risks and protect their rights and interests. It offers practical advice on mitigating potential losses associated with lost or missing bills of lading.

11/03/2025 Document Interpretation
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Guide to Converting Thai Baht to US Dollars

Guide to Converting Thai Baht to US Dollars

This article provides information on the conversion of Thai baht to US dollars at a rate of 5 baht to 1 dollar, along with relevant exchange rate data. It helps readers understand real-time currency conversion knowledge, facilitating budget planning for travel or international transactions.

08/09/2025 Exchange Rate Query
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