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Furthermore, the two most common charges are detention and demurrage. These apply when cargo stays at the port terminal too long or when equipment is not returned within the allotted free time. Many importers and exporters confuse these charges, but each one applies at a different point in the supply chain. This aspect of What Is Demurrage Meaning Charges Amp Detention Freightos plays a vital role in practical applications.
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In most cases, demurrage charges are the sellers responsibility. When learning about demurrage, you must have heard of detention. In most countries, these two freight charges are classified as the same or often combined as one collectively called demurrage and detention (DampD) charges. This aspect of What Is Demurrage Meaning Charges Amp Detention Freightos plays a vital role in practical applications.
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- What Are Demurrage and Detention Charges? (And How to Avoid Them).
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