nine carriers collected $13.9 billion in demurrage and detention fees. That’s an average of $4 billion annually. This exemplifies what the industry already knows to be true: demurrage can be ...
The long line of containers awaiting clearance from the Colombo Port and known as ‘container congestion’ is finally over now.
“The impact of these delays is multifaceted, leading to punitive detention and demurrage charges for businesses as containers and storage exceed the ‘free period’ allowed by shipping lines a ...
A non-governmental organisation, Citizens Whistleblowers Coalition (CWC), has raised the alarm over an injunctive order ...
The Citizens Whistleblowers Coalition (CWC) has raised concerns over efforts by Mediterranean Shipping Company (MSC) to secure an anti-suit injunction from a London court, which allegedly undermines ...
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The true potential of ChabaharChabahar provides one such alternative. Even the US, during occupation, exempted Afghan trade in certain items through Chabahar from Iran-specific sanctions. A fully functional Chabahar outstrips both ...
Slow port clearances incur hefty demurrage and detention charges at Karachi, averaging $80-240 per container. Afghanistan-Pakistan Joint Chamber of Commerce and Industry (PAJCCI) estimates Rs21 ...
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