Business Standard

Sunday, January 19, 2025 | 02:35 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Container D&D charges moderate but still above the 2020 level

Container demurrage is charged for use of a container within a terminal beyond the free period allowed by the shipping line

Image
Premium

TNC Rajagopalan
A report published by Container X-Change, a company providing online platform for leasing and trading containers, says leading shipping lines collected an average of $868 per container as Demurrage and Detention (D&D) charges in 2021. The report is based on publicly available data from 60 ports and 8 shipping lines.

Container demurrage is charged for use of a container within a terminal beyond the free period allowed by the shipping line. For import cargo, the demurrage time is the period from container discharge from the vessel until gate-out of the container from the terminal. For export cargo, the demurrage time
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in