Demurrage is actually a costly, however avoidable, aspect of international shipping. By understanding the way it works, calculating possible costs, and working with ground breaking instruments just like the Momex platform, businesses can prevent avoidable delays and keep their logistics flowing easily.Demurrage isn't relevant In the event the shipo… Read More

In dry bulk shipping, demurrage charges are frequently the responsibility on the charterer or even the get together leading to the delay. The precise terms and conditions about demurrage charges are outlined during the charter occasion agreement, which happens to be a contract between the ship operator plus the charterer.Mitigate damages: While pur… Read More