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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Uschina Trade Tensions Drive Up Shipping Costs

Uschina Trade Tensions Drive Up Shipping Costs

Recent developments in China-US trade relations have led to a significant increase in shipping costs, with container freight rates from Shanghai to New York rising by 19%. A shortage of shipping capacity and the evolving trade dynamics have further exacerbated this trend, and it is expected that costs may continue to rise in the future.

08/04/2025 Logistics
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Air Freight Costs From Zhengzhou To Helsinki

Air Freight Costs From Zhengzhou To Helsinki

This article provides a detailed overview of air freight costs from Zhengzhou to Helsinki. It discusses how different weight categories affect pricing with Turkish Airlines TK. Additionally, information on flight routes and a breakdown of included and excluded costs are provided, offering essential guidance for cargo transportation.

07/22/2025 Logistics
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Key Strategies to Cut International Shipping Costs

Key Strategies to Cut International Shipping Costs

This article provides a detailed analysis of the concepts of dimensional weight and actual weight in international express delivery, including billing standards and calculation methods. It offers three major money-saving tips: reducing volume, comparing logistics conversion factors, and effectively consolidating shipments, helping you save significantly on shipping costs.

09/16/2025 Logistics Encyclopedia
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