Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
Shipper fury at demurrage and detention (D&D) charges levied by carriers serving US ports suddenly became a lot more understandable today.
According to new research from online container logistics platform Container xChange, there are huge variations in the levels of D&D charges around the world – ...
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Comment on this article
Gary Ferrulli
June 10, 2020 at 5:13 pmDemurrage and detention are very different, charged by varying parties around the world. And for years in the US, much of it was given away by the ocean carriers and shippers object to getting something for nothing and then having to pay for it.
Alex
August 31, 2020 at 2:23 pmI am not sure where author gets his information from, here in Montreal after day 5 we get charged with demurrage fees that usully go at 115 USD per day, so taking above reference we must have the most expensive and unfair situation going on here at this port