Demurrage vs Detention

Importers and exporters alike are often unable to differentiate between demurrage and detention. Let's look at the differences between the two. Demurrage vs Detention Demurrage and detention relate to costs…

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Demurrage and Incoterms

Demurrage is a cost paid to a shipping line when the owner of cargo is not able to take full delivery of the cargo within the stipulated time. In other…

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Who pays for abandoned cargo?

Cargo abandonment can happen due to several reasons such as the consignee only finding out that he/she is not able to import the product only after the shipment has landed…

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