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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Dushanbe Airport Emerges as Central Asia's Key Aviation Hub

Dushanbe Airport Emerges as Central Asia's Key Aviation Hub

Dushanbe International Airport is a key aviation hub in the capital of Tajikistan. Established in 1924, it has undergone several modernization upgrades and now serves as a military-civilian airport. The airport features a 3,100-meter runway and a modern terminal, with a capacity to handle 1.5 million passengers annually. It primarily connects major cities in Central and East Asia, serving approximately 20 airlines, thereby promoting the development of civil aviation in Tajikistan.

07/28/2025 Logistics
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Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

08/06/2025 Logistics Industry Insights
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Trade Experts Stress Importance of Country of Origin Rules

Trade Experts Stress Importance of Country of Origin Rules

This paper delves into the definition and significance of the country of origin in trade. The country of origin not only affects market access and tariff policies but also relates to compliance in international trade. The differences in origin rules across countries have a profound impact on enterprises' operations and their competitiveness in the global market. Understanding these rules is crucial for optimizing supply chains, reducing costs, ensuring compliance, and enhancing competitive advantages.

08/05/2025 Logistics Encyclopedia
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Freight Forwarders Face Postclearance Challenges Detention Fees

Freight Forwarders Face Postclearance Challenges Detention Fees

This article interprets common issues in freight forwarding, including terminal operations after customs clearance, detention charge standards, and handling discrepancies in bills of lading. It emphasizes the differences in cut-off times among shipping companies and the importance of accurate information when confirming bills of lading. The analysis also covers VGM submission and discrepancies in cargo quantity, providing practical insights for freight forwarders to navigate these challenges effectively and minimize potential errors and costs.

08/22/2025 Logistics Encyclopedia
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Northern Brazils Vila Do Conde Port Thrives on Aluminum Boom

Northern Brazils Vila Do Conde Port Thrives on Aluminum Boom

Vila do Conde Port is a significant industrial port in northern Brazil, located on the right bank of the Pará River, near Belém. Serving the aluminum industry, the port also handles a variety of cargo. Equipped with advanced container handling equipment and refrigeration facilities, it plays a vital role in port transportation in northeastern Brazil. Its strategic location and modern infrastructure contribute to its importance in the region's industrial and commercial activities.

09/29/2025 Port Encyclopedia
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Mar Del Plata Port Expands South American Trade Access

Mar Del Plata Port Expands South American Trade Access

This article provides an in-depth analysis of Puerto Recalada in Mar del Plata, Argentina, detailing its geographical location, infrastructure, advantages, and its significant role in the South America East Coast route. It also outlines other major Argentine maritime ports, offering a reference for traders in selecting suitable ports and helping businesses seize South American trade opportunities. The analysis covers key aspects of the port's operations and its contribution to the regional maritime landscape.

09/29/2025 Port Encyclopedia
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Constantine Airport Expands Algerias Global Connectivity

Constantine Airport Expands Algerias Global Connectivity

Constantine Airport (CZL), also known as Mohamed Boudiaf International Airport, is a crucial customs airport in Algeria, connecting several cities in Europe and Africa. This paper details the airport's basic information, its international route network, and prospects its future development, showcasing its significant role as a regional aviation hub. It highlights the airport's importance in facilitating international travel and trade within the region and its potential for further growth and expansion in the future.

09/29/2025 Airport Codes
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Porlamar Airport Gateway to Venezuelas Margarita Island

Porlamar Airport Gateway to Venezuelas Margarita Island

This article provides an in-depth analysis of the three-letter code for Porlamar International Airport (PMV) in Venezuela. It details airport information, direct flight routes, practical information for freight forwarders, and efficient search techniques. Furthermore, it expands on practical tools such as air freight tracking and shipping company inquiries. The aim is to assist readers in better planning Caribbean travel or engaging in international trade with insights into air cargo operations related to PMV.

09/29/2025 Airport Codes
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PTU Code Reveals Platinum Airports Air Cargo Secrets Alaska

PTU Code Reveals Platinum Airports Air Cargo Secrets Alaska

This article provides an in-depth analysis of the Platinum Airport (PTU) three-letter code in Alaska. It explains the function and query methods of airport codes in air freight, and introduces the practical tools provided by West Coast Freight Network to help readers efficiently conduct air freight business and master more air freight knowledge. Understanding airport codes is crucial for seamless logistics and efficient tracking of shipments, especially in remote locations like Alaska.

09/29/2025 Airport Codes
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