INDICATORS ON 169. EXPORT BRIDGE FINANCING INTERIM SOLUTIONS YOU SHOULD KNOW

While demurrage pertains particularly to delays in port operations, detention refers to delays in retaining containers past the agreed-on time for inland use. Understanding this differentiation is crucial for navigating shipping contracts and handling demurrage and detention charges.By charging demurrage, port authorities and shipping providers mak

Demurrage refers to the fees imposed when cargo stays in a port or terminal further than the permitted spare time. This spare time is usually allocated for unloading or loading cargo, however, if this period is exceeded, shipping providers impose demurrage charges over the trader.Businesses with yearly sales of more than Rs. five Crores inside the