What are demurrage charges?
Post 1 of 18
What are demurrage charges? Does shipping companies provides rebate of some days after discharge of ex vessel? If yes what are the maximum number of days?
21 Sep 2006 04:53
Post 2 of 18
Quoting from [balu1234]:
What are demurrage charges? Does shipping companies provides rebate of some days after discharge of ex vessel? If yes what are the maximum number of days?
I think this differs from shipping companies. It should be clearly stated out in your shipping contract.
26 Sep 2006 02:14
Post 3 of 18
Replying to [balu1234]:Demmurage charges are levied on the extra time taken to load the cargo on the vessel in excess of the laycan decided on in the contract.
26 Sep 2006 03:15
Post 4 of 18
Replying to [balu1234]:
Demurrage fees are the fees charged by all ocean carriers for customers using the container beyond the number of allotted days in the shipping contract.
In another words, containers must be pulled from the terminal area prior to the expiration of the LAST FREE DAY in order to avoid demurrage (storage) charges on the container. The demurrage fees applied by the port authority vary with each specific shipping line. This is normally a daily fee applicable until the container is pulled from the terminal area.
Demurrage fees are the fees charged by all ocean carriers for customers using the container beyond the number of allotted days in the shipping contract.
In another words, containers must be pulled from the terminal area prior to the expiration of the LAST FREE DAY in order to avoid demurrage (storage) charges on the container. The demurrage fees applied by the port authority vary with each specific shipping line. This is normally a daily fee applicable until the container is pulled from the terminal area.
26 Sep 2006 04:34
Post 5 of 18
Replying to [balu1234]:
Demurrage charge include two charge,container detention charge and over time terminal storage charge. Container detention is the penalty of holding the container extend the contracted time with carriers. Over time terminal storage is the container stay at terminal extend the free time.
Demurrage charge include two charge,container detention charge and over time terminal storage charge. Container detention is the penalty of holding the container extend the contracted time with carriers. Over time terminal storage is the container stay at terminal extend the free time.
26 Sep 2006 09:01
Post 6 of 18
Replying to [balu1234]:The maximum holding days is 7 days. However it depends on the liner that he give you extended days. He can extend upto 15 days or more also.
26 Sep 2006 09:10
Post 7 of 18
Replying to [balu1234]:
Demurrage = Container Storage Fee +Detention Fee
Shipping company often gives you 7 days free storable fee + 3 days free container detention wherever in loading port or discharging port.
, you need to pay extra fee if you can not pick up the laden container or return empty container in time .
Of cousre ,shipping company can offer you discount if you applied to them but there is not a fixed amount on that kind of applications and it usually lies on how well your relationshipment with shipping company.
Demurrage = Container Storage Fee +Detention Fee
Shipping company often gives you 7 days free storable fee + 3 days free container detention wherever in loading port or discharging port.
, you need to pay extra fee if you can not pick up the laden container or return empty container in time .
Of cousre ,shipping company can offer you discount if you applied to them but there is not a fixed amount on that kind of applications and it usually lies on how well your relationshipment with shipping company.
26 Sep 2006 10:06
Post 8 of 18
Replying to [balu1234]:Please note site for full details
http://www.cosco-usa.com/services/DemurrageTariff.htm
http://www.cosco-usa.com/services/DemurrageTariff.htm
26 Sep 2006 13:53
Post 9 of 18
Demurrage is an old French term used in shipping, meaning
STORAGE. It is usually imposed after a set "free time" (ex. 4 days) and can be very, very costly.
If Customs in your country is acting slowly, or taking time to investigate your shipment, the steamship line and the pier/port handlers are usually quite UNSYMPATHETIC....and they will charge you a LOT of money for nothing! Big headache in our industry.
Let me know if you need assistance.
Deleted by Moderator
STORAGE. It is usually imposed after a set "free time" (ex. 4 days) and can be very, very costly.
If Customs in your country is acting slowly, or taking time to investigate your shipment, the steamship line and the pier/port handlers are usually quite UNSYMPATHETIC....and they will charge you a LOT of money for nothing! Big headache in our industry.
Let me know if you need assistance.
Deleted by Moderator
26 Sep 2006 17:20
![[em19]](http://img.alibaba.com/images/eng/style/icon/emoticons_great.gif){kind=icon}
YES IT IS GOOD ANSWER.
Post 11 of 18
Replying to [balu1234]:Dear Balu, ur message noted. U see normally there are two kinds of demmurage u need to pay at POD.
1) Liner demmurage
All depends on the policies of each carriers which is always flexible most of the time and depends on the POD where u clear the goods.
2) Port demmurage
Now on the port demmurage, there is a fixed tariff by each port authorities and this varies a our the POD.
Please u can send e your specific POD and i should be able to help you with right informations as this is again a negotiable contract.
Please reach me Deleted by Moderator thanks Krishnan
1) Liner demmurage
All depends on the policies of each carriers which is always flexible most of the time and depends on the POD where u clear the goods.
2) Port demmurage
Now on the port demmurage, there is a fixed tariff by each port authorities and this varies a our the POD.
Please u can send e your specific POD and i should be able to help you with right informations as this is again a negotiable contract.
Please reach me Deleted by Moderator thanks Krishnan
28 Sep 2006 19:15