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

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When demurrage pertains exclusively to delays in port functions, detention refers to delays in retaining containers beyond the agreed-on time for inland use. Understanding this differentiation is essential for navigating shipping contracts and managing demurrage and detention charges. ocean freight shipping Demurrage and detention are some of the most common https://deanwvrnj.diowebhost.com/90083560/considerations-to-know-about-133-non-recourse-financing-in-international-trade

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