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The smart Trick of . What is demurrage in shipping industry That Nobody is Discussing

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Even though demurrage pertains specially to delays in port operations, detention refers to delays in retaining containers outside of the agreed-on time for inland use. Understanding this differentiation is vital for navigating shipping contracts and managing demurrage and detention charges. Demurrage charges are incurred when cargo continues to be with https://caidenbqnnp.blog2learn.com/82600398/what-does-122-advance-payment-risk-mitigation-strategies-mean

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