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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Kuala Lumpur International Airport Aims To Be Regional Freight Hub

Kuala Lumpur International Airport Aims To Be Regional Freight Hub

The Malaysian government is fully committed to transforming Kuala Lumpur International Airport into a regional freight hub by enhancing flight connectivity and frequencies. Last year, the airport handled 874,000 metric tons of freight, and this figure is expected to reach 940,000 metric tons this year. Infrastructure improvements have also elevated Port Klang and Tanjung Pelepas Port among the top in global container throughput. The transport department will propose the construction of a low-cost airline airport to enhance domestic air service capacity.

11/25/2004 Logistics
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U.S. Import Customs Clearance Guide: Complete Breakdown of Bond Costs

U.S. Import Customs Clearance Guide: Complete Breakdown of Bond Costs

In the DDP delivery customs clearance process in the US, Bond is an essential cost. As a deposit from the importer to customs, it ensures that any fines can be deducted by customs. Goods must purchase a Bond for clearance, which can be either annual or single-use. Customs clearance must be conducted using the tax ID of the US recipient, and it is crucial to confirm whether they have a Bond to avoid potential issues in the clearance process.

07/14/2025 Customs Knowledge
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Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.

07/21/2025 Logistics
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Nanning Railway Bureau Launches First Special Cargo Train for Traditional Chinese Medicine, Enhancing Transportation Efficiency

Nanning Railway Bureau Launches First Special Cargo Train for Traditional Chinese Medicine, Enhancing Transportation Efficiency

On November 18, the Nanning Railway Bureau launched the first special freight train for traditional Chinese medicine materials from Yulin Station, reaching Chengdu within 72 hours. This initiative enhances the efficiency of TCM transportation, with Yulin market sending 260,000 tons annually, and railway shipments increasing year by year. By deeply analyzing customer needs, the railway department developed special freight train solutions, providing timely and cost-effective transportation for TCM, receiving positive feedback from clients who look forward to further promotion of railway transport.

11/20/2023 Logistics
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Understanding Freight Rates and Charges in the Maritime Industry

Understanding Freight Rates and Charges in the Maritime Industry

This article discusses the meanings of freight rates and transport costs and their relationship. The freight rate is the price charged by carriers for transportation services, impacting the supply-demand balance in the shipping market. In contrast, transport cost is the remuneration paid by users according to the transportation contract, linked by a multiplicative relationship. Understanding the fluctuations in freight rates and their effects on transport costs helps shipping companies and cargo owners manage costs and make better business decisions.

07/28/2025 Logistics Encyclopedia
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Gran Canaria Airport Drives Tourism Growth Amid Expansion Plans

Gran Canaria Airport Drives Tourism Growth Amid Expansion Plans

Gran Canaria Airport, located on Gran Canaria Island in Spain, is the main civilian airport established in 1930. It is the largest airport in the Canary Islands and the fifth largest in Spain. The airport features two runways, each 3,100 meters long, and a passenger terminal that has undergone multiple expansions, offering both domestic and international flight services with an annual passenger volume exceeding 10 million. Several low-cost and charter airlines operate here, boosting local tourism and economic development.

07/29/2025 Logistics
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Global Moving Guide Tips for Overseas Shipping and Providers

Global Moving Guide Tips for Overseas Shipping and Providers

This article provides a detailed guide to shipping personal effects overseas, covering the process, required documents, selection of customs brokers and shipping companies, and recommendations for professional companies. The goal is to assist readers in successfully completing international moves. It emphasizes the importance of early consultation and comparison shopping, offering practical advice on packing, insurance, and navigating customs regulations. Proper planning and research are crucial for a smooth and cost-effective relocation experience. Consider factors like transit time and potential storage needs.

08/23/2025 Logistics Encyclopedia
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Shanghais Yangshan Port Streamlines Export Returns for Businesses

Shanghais Yangshan Port Streamlines Export Returns for Businesses

This article focuses on export return customs declaration at Shanghai Yangshan Port, providing a detailed analysis of the return process, required documents, and common issues. It emphasizes the importance of choosing a professional customs broker. The article aims to provide practical guidance for foreign trade enterprises, helping them efficiently and compliantly handle export returns and reduce operating costs. It serves as a useful resource for navigating the complexities of export return procedures at Yangshan Port, ensuring smooth and cost-effective operations.

02/06/2025 Customs Knowledge
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Freight Forwarding Explained Key Terms and Practices

Freight Forwarding Explained Key Terms and Practices

This article provides a clear and accessible explanation of freight forwarding concepts such as consolidation, deconsolidation, and merging shipments. It also details the meaning of a bill of lading number with an 'A' suffix and the roles of master and house customs declarations. The aim is to help readers fully understand these freight forwarding terms and improve their freight efficiency. This includes the understanding of 'Consolidation' and 'Deconsolidation' which are key processes in freight forwarding, impacting cost and delivery times.

08/22/2025 Document Interpretation
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