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.

Data Analytics Boosts Maritime Cargo Safety Globally

Data Analytics Boosts Maritime Cargo Safety Globally

This article delves into the core requirements and damage prevention techniques for international sea freight cargo packaging, emphasizing data-driven packaging strategies. It covers general packaging requirements, tailored solutions for different cargo categories, key anti-damage measures, and crucial pitfalls to avoid. The aim is to help readers minimize the risk of damage during sea transportation to the greatest extent possible. It provides practical guidance on optimizing packaging to withstand the rigors of ocean transit and ensure safe arrival of goods.

US Maritime Real Estate Draws Investor Interest

US Maritime Real Estate Draws Investor Interest

A JLL report indicates a positive outlook for US maritime real estate investment, with intense competition among East Coast ports. Key highlights include export growth, investment influx, and limited space. Investors should focus on ports with high growth potential, projects aligned with core business, and partnerships with local governments and businesses. Smart technology and sustainability are future trends. The maritime real estate sector presents significant opportunities for strategic investment and development, particularly in logistics and port-related infrastructure.

Guide Streamlines Maritime Exports of Isopropanol UN1219

Guide Streamlines Maritime Exports of Isopropanol UN1219

This article provides a detailed interpretation of the essential documents and procedures required for the sea freight export of Isopropyl Alcohol (UN1219). Key aspects covered include the booking request, Material Safety Data Sheet (MSDS), dangerous goods packaging certificate, dangerous goods declaration, professional packing, and customs clearance. Mastering these points ensures the safe and efficient transportation of goods to their destination. The article aims to guide exporters through the complexities of shipping this hazardous material by sea.

Maritime Guide Protecting Cargo Under General Average

Maritime Guide Protecting Cargo Under General Average

This article provides an accessible and in-depth analysis of the 'General Average' system in maritime transport. It covers the definition, constituent elements, handling procedures, precautions, responses to special scenarios, and long-term risk prevention strategies. This comprehensive 'avoidance guide' aims to help cargo owners understand the risks of General Average and effectively respond when encountering it, reducing potential losses and disputes. It offers practical insights for mitigating the financial impact and navigating the complexities of General Average claims in the shipping industry.

Iceland Honors Maritime Heritage on Seafarers Day

Iceland Honors Maritime Heritage on Seafarers Day

Iceland's "Sailor's Day" is a festival dedicated to honoring maritime culture and the contributions of seafarers. Through port celebrations, maritime parades, nautical exhibitions, cultural performances, and educational activities, it allows people to deeply understand Iceland's maritime traditions and life at sea, raising awareness of marine conservation. It is not only a tribute to those working at sea but also a shared responsibility for the future of the ocean. The festival highlights the importance of the sea to Iceland's history and economy.

Port Menier Airport Showcases Unique Charm in Canada

Port Menier Airport Showcases Unique Charm in Canada

Port Menier Airport, located in Quebec, is a small yet fully functional aviation hub featuring a long runway and convenient flight services. It connects destinations such as Havre-Saint-Pierre and Sept-Îles, making it an important starting point for exploring Canada's natural beauty.

Christina Lake Airport Boosts Local Tourism in Canada

Christina Lake Airport Boosts Local Tourism in Canada

Christina Lake Airport (CCL3) is a small airport located in Alberta, providing a convenient entry and exit experience, although it lacks METAR data. The airport serves as a link to the Christina Lake area, surrounded by beautiful natural scenery, ideal for private flying and small aircraft.

Cu Nim Airport Showcases Unique Charm in Canada

Cu Nim Airport Showcases Unique Charm in Canada

Cu Nim Airport, located in Black Diamond, Alberta, Canada, is renowned for its unique grass runway and beautiful natural landscapes. Despite lacking METAR weather data, the airport ensures flight safety with its self-communication frequency of 123.4 MHz. It is ideal for private flying and gliding activities, making it a paradise for aviation enthusiasts.