Maritime Industry Grapples With Rising Demurrage Costs

Maritime Industry Grapples With Rising Demurrage Costs

This article analyzes the meaning of "On Demurrage" in voyage charters and its relationship with demurrage charges. Demurrage fees are costs incurred by the charterer for exceeding the loading and unloading period specified in the contract, usually calculated on a daily basis. The contract outlines the conditions for entering a state of demurrage, which varies in terminology across different countries. Additionally, it explores the distinctions between demurrage in voyage charters and container transport.

Shipping from Malaysia to Yemen Time Costs and Key Factors

Shipping from Malaysia to Yemen Time Costs and Key Factors

This article provides a detailed overview of sea freight from Malaysia to Yemen, including transit times, costs, and important considerations. Voyage duration, influenced by route distance, vessel speed, port calls, and weather, typically ranges from 25-35 days. Freight rates, determined by cargo volume, shipping method, route capacity, and surcharges, are approximately $300-$600 per cubic meter. The article also addresses frequently asked questions regarding voyage types and the possibility of shipping personal belongings.

01/23/2026 Logistics
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Shanghaiindonesia Sea Freight Routes Costs and Transit Times

Shanghaiindonesia Sea Freight Routes Costs and Transit Times

This article provides a detailed analysis of sea freight from Shanghai to Indonesia, covering the voyage, transportation methods, and influencing factors. The voyage distance varies depending on the destination port. Container ships are generally faster than bulk carriers. Factors such as weather and piracy can cause delays. Freight costs depend on the type and weight of the cargo, as well as the destination. Understanding these elements is crucial for efficient and cost-effective shipping between Shanghai and Indonesia.

02/02/2026 Logistics
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HSBC Australia Enhances Secure SWIFT Transfers

HSBC Australia Enhances Secure SWIFT Transfers

This article introduces HSBC Australia Limited's SWIFT code HKBAAU2SMEL, emphasizing its importance and necessity in international remittances. Correct usage of the SWIFT code ensures the safe and accurate flow of funds, enhancing the efficiency of cross-border transactions. The article also reminds users to value the accuracy of information and communication to ensure smooth transaction processes.