Storage charges are separate fees imposed by the port authority for storing containers over and above the free of charge storage time throughout the port. As opposed to demurrage, that is charged with the shipping line, storage charges go directly to the port.By charging demurrage, port authorities and shipping firms make sure that cargo is dealt w

Every single business involved with shipping can have an in depth logistics prepare that includes timelines and budgets. Failing to deal with demurrage can disrupt these strategies, leading to operational chaos and financial pressure.Demurrage charges are typically calculated per day and close as soon as the cargo is picked up with the port. The ex