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Difference between Storage and Demurrage

Storage and Demurrage may have different or same meaning (country dependent) Quick clearance of containers is essential to avoid hefty storage fees Delays can lead to Storage AND Demurrage AND Detention charges While efforts to standardize global shipping and its terminologies continue, sea freight customers continue to deal with different terms in day-to-day shipping.. Some […]

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Source: shippingandfreightresource.com

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