freight structure News

Strategies to Reduce Detention and Demurrage Fees in Global Shipping

This article provides an in-depth analysis of demurrage mitigation strategies in ocean freight, emphasizing comprehensive management encompassing pre-emptive measures, proactive application during the process, and post-event appeals. By clarifying free time, actively requesting extensions, and efficiently substantiating claims, businesses can effectively control cross-border logistics costs and minimize losses associated with demurrage charges. The paper highlights practical approaches to reduce financial impact through proactive management and strategic negotiation.

01/15/2026 Logistics Encyclopedia

Global Shipping Firms Adopt Faster Customs Clearance to Cut Costs

This guide provides strategies for accelerating international ocean freight pickup. Key elements include initiating pre-clearance early, selecting efficient pickup methods, leveraging digital tools for faster document exchange, and proactively coordinating logistics resources. Furthermore, it emphasizes managing free time allowances, minimizing customs inspection delays, and optimizing container utilization and return processes to avoid demurrage and detention charges. These measures help businesses improve pickup efficiency and reduce operational costs.

01/15/2026 Logistics Encyclopedia

Guide to SWIFT Codes for Swedens Central Bank Transfers

This article discusses the SWIFT/BIC code of the Swedish central bank, SVERIGES RIKSBANK, specifically RIKSSESSD02. It analyzes the structure of the code and its importance, emphasizing the need for accurate coding in international remittances to avoid financial losses.

08/20/2025 International Settlement

Guide to Using DABADKKKBAG SWIFT Code for Global Transfers

The article focuses on the SWIFT code DABADKKKBAG of DANSKE BANK A/S, explaining its structure and application in international remittances. It emphasizes the importance of ensuring the accuracy of the SWIFT code during the process of fund transfers.

08/14/2025 International Settlement

Secure Money Transfers Now Available to Denmarks Arbejdernes Landsbank

This article provides a detailed analysis of the SWIFT code required for remittances to ARBEJDERNES LANDSBANK A/S and its structure. It offers suggestions for secure and efficient remittance processes, aiming to help readers facilitate smoother international fund transfers.

08/14/2025 International Settlement

ASB Bank Clarifies SWIFTBIC Code Use for International Transfers

This article discusses the significance of the SWIFT/BIC code ASBBNZ2AMMD of ASB Bank, explaining its structure and specific applications in international remittances. It helps readers understand how to ensure the accuracy and safety of cross-border money transfers.