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News / Demurrage income driving carriers into 'hurry-up-and-wait' scenario

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ID 55658478 © Kelly Vandellen | Dreamstime.com
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The ability of container carriers to levy high demurrage charges on shippers is holding back progress solving one of the biggest shipping bugbears – the “hurry-up-and-wait” scenario, in which box ships increase speed to catch up on schedules, only to end up anchored outside their ...

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  • Daniel Caso

    September 21, 2024 at 9:19 am

    Excellent article! I personally I ve been raising this subject for years including at international bodies like UN-ECLAC without very much attention to this double game issue. What I have noted was that S. American shippers were quite afraid to raise complains on these matters in view of a highly concentrated an vertically integrated shipping industry that at regional level has not real effective government regulation. At least in in the old conference times, there were national flags and a UN code of conduct.

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