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Ships and trains move billions of tons of commercial goods throughout the US and the world each year. Companies generally transport these goods in large shipping containers with standardized dimensions that allow them to be easily loaded onto ships and attached to rail cars. In today’s economy, shipping containers are responsible for carrying the majorityRead More

Demurrage and Per Diem Detention Charges, difference

Demurrage and detention are two terms that often confuses people in global trade, shipping, freight and logistics.. This has also lead to several financial losses many a time.. Is there a difference between demurrage and detention.. Demurrage and Detention in the context of container shipments.. Demurrage relates to cargo (while the cargo is in the container)Read More