Daily Point 2164 - Demurrage

 

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                              Daily Point 2164

Demurrage 

It is a financial penalty charged when goods, cargo, or containers remain at a port, terminal, or depot beyond the allotted free time for loading, unloading, or clearance. It is commonly imposed by shipping lines, port authorities, or railway terminals to discourage delays in logistics operations and ensure efficient cargo movement.

Sekhar Pariti

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