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.

Export Declarations Key to Smoother Global Trade

Export Declarations Key to Smoother Global Trade

Export declaration is a crucial document in international trade, required to be submitted when goods leave the port. It ensures that information is accurate and complies with regulations of various countries, thereby enhancing customs efficiency and promoting business development in the global market.

08/05/2025 单证解读
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