115. POST-SHIPMENT CREDIT PERIOD EXTENSION PROCESS NO FURTHER A MYSTERY

Demurrage Fees: Demurrage fees are billed when containers remain in a terminal beyond the authorized spare time. These fees encourage businesses to clear their goods rapidly.To circumvent demurrage liabilities and minimize financial risks, stakeholders can implement proactive measures for instance:Charterer’s Responsibility: In most cases, the ch

Demurrage Fees: Demurrage fees are billed when containers stay at a terminal past the authorized free time. These fees inspire businesses to very clear their goods speedily.Delays in cargo handling that exceed the authorized laytime specified in the charter get together agreement lead to demurrage charges, which can be then billed for the charterer