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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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.

01/15/2026 Logistics Encyclopedia
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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.

01/28/2026 Logistics Industry Insights
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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.

01/30/2026 Document Interpretation
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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.

01/30/2026 Logistics Encyclopedia
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Malaysiaeurope Shipping Route Gains Strategic Importance

Malaysiaeurope Shipping Route Gains Strategic Importance

From a data analyst's perspective, this paper delves into the history, importance, characteristics, current operations, and challenges of the Malaysia-Europe maritime shipping route, revealing its strategic significance as a global trade artery. Spanning approximately 11,000 nautical miles, the route connects the economic hubs of Asia and Europe. It faces multiple challenges, including piracy, political instability, and fuel costs. The future development of this vital shipping lane presents both opportunities and significant hurdles.

01/26/2026 Logistics Encyclopedia
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Alderney Airport Unveiling Its Unique Charm and History

Alderney Airport Unveiling Its Unique Charm and History

Alderney Airport (IATA: ACI, ICAO: EGJA) is the main air gateway to Alderney Island, located in the United Kingdom. The airport sits at an elevation of 290 feet, with coordinates 49° 42' 21.96" N and 2° 12' 52.99" W. It offers convenient travel services to passengers and showcases the unique charm of the island.

08/08/2025 Airport Codes
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