Understand and avoid the most common hidden costs in ocean freight
Demurrage and detention are fees charged by shipping lines to ensure the quick turnaround of their containers. When containers are tied up for too long, shipping lines lose money. These fees can quickly wipe out the profit margin of a shipment if not managed properly.
Charged when the full container is inside the port/terminal beyond the allotted free days. It penalizes the importer for taking too long to pick up their cargo from the port.
Charged when the container is outside the port/terminal beyond the allotted free days. It penalizes the importer for taking too long to return the empty container to the depot.