A demurrage charge in dry bulk shipping is a charge imposed about the charterer if the process of loading or unloading cargo at a port will take for a longer time than the agreed-on time, known as laytime.Demurrage charges are calculated based upon what number of days the container continues to be for the terminal outside of the allocated no cost d

Demurrage can be a costly, still avoidable, element of international shipping. By understanding the way it works, calculating potential costs, and utilizing progressive equipment much like the Momex platform, businesses can avert avoidable delays and keep their logistics flowing effortlessly.No, Demurrage may be the penalty levied around the charte