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Demurrage Can Cost

 
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Demurrage Can Cost
Demurrage is a fee charged by carriers, trucking companies when a container doesn`t leave the port by the last free day, as mentioned in the agreement with the shipper. The demurrage fee and time can vary by shipping line.
Demurrage causes companies to lose money every day. Going in to demurrage with international shipping containers does not help your bottom line. Unless your company has a problem finding a trucking company to pick up your freight container it is useless to leave containers at the port incurring demurrage charges. If your container needs to be stored, there are better, not so costly ways. The demurrage charges can greatly add up and if you do not have a provision in your contract with the steamship line, it can add up fast. As there are all kinds of port fees that we have to pay whether it is an increase in the bill of lading from the ocean freight carrier or an examination from customs. Adding these types of charges to an already increasing bill of lading can be very hard to justify. In the end, it only helps you if you pay your freight and move your container right away.
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