Demurrage Charges

Demurrage charges are fees charged when cargo remains at a terminal or port over the authorized free time granted by the carrier or port authority. This free period is often intended to provide importers or exporters with extra time to unload or load up their cargo. When that period ends, demurrage fees begin to accumulate daily. These fees are typically charged for containerized shipments, although they can also apply to bulk cargo and other types of freight.

In the logistics sector, demurrage is an important cost factor that has a direct impact on cargo profit margins and customer satisfaction. CargoWise users can monitor demurrage timelines via automatic alerts, ensuring proactive communication and prompt action. Integration with milestone and documentation workflows helps to avoid oversights that could result in such penalties. Demurrage reduction requires effective coordination among all parties involved, including freight forwarders, customs agents, haulage providers, and consignees. Businesses can reduce delays and save money on storage by preparing ahead of time and exploiting system-generated insights.