Shipping Industry Urges Strategies to Avoid Demurrage Fees

Shipping Industry Urges Strategies to Avoid Demurrage Fees

Demurrage and detention are common additional costs in international trade. Demurrage refers to charges incurred for exceeding the free storage time for goods at a terminal. Detention refers to charges for holding a container beyond the allowed free time. Careful planning of cargo pickup and container return, maximizing the use of free time, can effectively avoid these unnecessary expenses. It is recommended to consult local information for specific regulations regarding demurrage and detention fees.

09/28/2025 Logistics Encyclopedia
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Guide to Transferring Funds to Banco Colombia SA

Guide to Transferring Funds to Banco Colombia SA

This article provides detailed information on the Swift/BIC code and other necessary details for making international remittances to BANCOLOMBIA S.A. in Colombia, including its address and transfer time. Ensuring the use of accurate information can enhance the success rate and efficiency of money transfers.

09/04/2025 International Settlement
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Madagascars Soalala Airport Blends Charm and Utility

Madagascars Soalala Airport Blends Charm and Utility

Soalala Airport, located in Madagascar, is a small airport with the IATA code DWB. Although real-time weather data is not provided, travelers can register to access NOTAM information. The airport encourages visitors to share reviews and photos to offer insights and information for future travelers.

09/15/2025 Airport Codes
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Nanjing To Tel Aviv Air Freight Price Analysis

Nanjing To Tel Aviv Air Freight Price Analysis

The air freight prices from Nanjing to Tel Aviv vary seasonally. The reference rates include multiple types of cargo, but it's important to note that real-time customs and documentation fees apply. This shipment is carried out by Silk Road Western Airlines, and specific flight information and transit details will be confirmed at the time of booking.

07/21/2025 Logistics
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Omans Duqm Port Emerges As Key Economic Diversification Hub

Omans Duqm Port Emerges As Key Economic Diversification Hub

Duqm Port in Oman is a crucial part of the Special Economic Zone (SEZAD), aimed at economic diversification. As a multifunctional logistics hub, it connects sea, land, and air, providing efficient cargo handling and transportation services. The ongoing development of Duqm Port will drive regional economic growth and transformation.

08/05/2025 Port Encyclopedia
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