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.

07/28/2025 Logistics Encyclopedia
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Shippers Adapt Strategies to Manage Expired Freight Quotes

Shippers Adapt Strategies to Manage Expired Freight Quotes

Expired freight quotes are a common problem in the shipping industry. This article analyzes the reasons for quote validity periods, emphasizing the importance of booking in advance and providing strategies to avoid expiration issues. Gain a deeper understanding of freight cost components and learn how to leverage Flexport to optimize your shipping processes, ensuring cost control and improved efficiency. By understanding these factors, businesses can better manage their shipping expenses and avoid unexpected charges.

01/05/2026 Logistics Encyclopedia
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Amazon US Sellers Face New Return Shipping Fees

Amazon US Sellers Face New Return Shipping Fees

Amazon US will implement new rules starting January 14th, requiring self-fulfilled sellers to bear the cost correction fees resulting from inaccurate return label information. Sellers should ensure the accuracy of product dimensions, weight, and return address, and promptly appeal any incorrect charges to reduce operating costs. This change aims to improve the accuracy of return labels and hold sellers accountable for providing correct information, ultimately impacting their financial responsibilities related to returns.

01/04/2026 Logistics
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Data Analytics Eases Airport Congestion for Sustainable Aviation

Data Analytics Eases Airport Congestion for Sustainable Aviation

Airport infrastructure is crucial for the development of the aviation industry. IATA is committed to collaborating with airports and governments to address challenges such as insufficient capacity, aging maintenance, outdated technology, and high costs. By participating in airport development projects, advocating for reasonable charges, promoting best practices, and envisioning future smart airports, IATA is driving industry transformation. Leveraging data analysis to optimize operations and ensure sustainable growth for the aviation industry is a key focus.

01/08/2026 Logistics Industry Insights
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US Importers Face Customs Fees Inspection Tips

US Importers Face Customs Fees Inspection Tips

This article provides a detailed analysis of potential costs associated with US customs inspections for air freight shipments, including inspection fees, import duties, customs clearance fees, storage fees, transportation costs, and other potential charges. It also offers practical strategies for dealing with customs inspections and reducing expenses, aiming to help cargo owners better control costs and successfully complete the customs clearance process. The guide helps navigate the complexities of US customs and minimize financial impact.

01/08/2026 Customs Knowledge
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Amazon FBA Fee Structure Explained for 2024 Sellers

Amazon FBA Fee Structure Explained for 2024 Sellers

This article provides a detailed explanation of the latest Amazon FBA fulfillment fee calculation rules. It focuses on differentiating the billing methods for various sizes and product categories and offers suggestions for optimizing packaging to reduce costs. By understanding these rules, sellers can more effectively control logistics costs and improve profit margins. This includes analyzing dimension and weight considerations for different product types within the FBA program and strategies for minimizing dimensional weight charges.

12/29/2025 Logistics Encyclopedia
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Global Shipping Costs Surge Strategies to Manage Expenses

Global Shipping Costs Surge Strategies to Manage Expenses

This article provides a detailed analysis of the components of international shipping costs, including the expenses associated with full container loads and less than container loads, as well as the differences between base freight and additional charges. It aims to help foreign trade personnel and cross-border e-commerce sellers optimize their transportation costs and manage logistics expenses. Choosing the right container type and pricing method is crucial for achieving transparency and rationality in transportation costs.

08/06/2025 Logistics Encyclopedia
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Guide to Avoiding Freight Forwarding Fee Disputes in Global Trade

Guide to Avoiding Freight Forwarding Fee Disputes in Global Trade

This article provides a detailed analysis of common costs in international freight forwarding, including transportation fees, surcharges, and other expenses. It offers a Chinese-English comparison to help foreign trade practitioners understand freight forwarding charges and avoid trade disputes. The article also suggests ways to prevent cost disputes, emphasizing the importance of choosing reputable freight forwarders and clarifying the cost list. By understanding these details, businesses can navigate the complexities of international shipping and minimize potential financial risks.

08/23/2025 Logistics Encyclopedia
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Banco Ctts SWIFT Code Simplifies Secure Global Transfers

Banco Ctts SWIFT Code Simplifies Secure Global Transfers

This article provides a detailed analysis of BANCO CTT, S.A.'s SWIFT code, CTTVPTPLSIC. It highlights the critical role of SWIFT codes in cross-border remittances and offers practical guidance on using them correctly. The aim is to help readers avoid delays, failures, or extra charges caused by incorrect codes, ensuring secure and efficient international money transfers. The article emphasizes the importance of accurate SWIFT code usage for smooth and reliable cross-border transactions involving Portuguese banks.

09/03/2025 International Settlement
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Ubls SWIFTBIC Code Key to International Transfers

Ubls SWIFTBIC Code Key to International Transfers

This article provides a detailed analysis of United Bank Limited (UBL)'s SWIFT/BIC code, UNILPKKA741. It explains the importance of SWIFT codes and how to use them correctly for cross-border transfers to avoid delays and extra charges. The article emphasizes the crucial steps of verifying the bank name, branch information, and country code. It also reminds users that different UBL branches may use different SWIFT codes. Therefore, accurate verification is essential for successful international transactions involving UBL.

09/03/2025 International Settlement
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