Detention and Demurrage
Find the abbreviation, definition, and use case of Detention and Demurrage
Detention and Demurrage Meaning
Fees highlight the importance of timely container movements within and outside port terminals. These charges encourage shippers and consignees to promptly unload and return containers, facilitating smooth terminal operations and optimizing container utilization. Addressing detention and demurrage effectively requires a balance between operational efficiency and cost management, emphasizing the need for meticulous planning and coordination in logistics operations.