Logistics
Demurrage
Also known as: Container demurrage, Port demurrage charges
An additional charge by the shipping line when a container is not returned within the agreed free time period after discharge at port.
Also known as: Container demurrage, Port demurrage charges
An additional charge by the shipping line when a container is not returned within the agreed free time period after discharge at port.
Demurrage is a charge by the shipping line when containers are not picked up from the port or returned empty within the agreed free time period. Charges increase daily and can represent significant costs if customs clearance is delayed.
Bill of Lading (B/L)
An ocean transport document issued by the carrier that serves as a contract of carriage, receipt of goods, and document of title to the cargo.
CustomsMaritime Customs Office
A customs office located at a seaport, responsible for controlling the entry and exit of goods transported by sea.
CustomsCustoms Clearance
The complete set of procedures and formalities required for goods to legally enter or exit a country through customs.
CustomsPort Precinct
A designated area within a port where loading, unloading, storage, and customs clearance operations are conducted under authority supervision.