The Ocean Shipping Reform Act – effective June 16, 2022. The Ocean Shipping Reform Act – 2022 (OSRA-2022) went into effect on June 16, 2022 and the law (not a regulation) calls for an immediate change in the way Demurrage
One more service in a multi-tenant platform Demurrage and Detention are now the two newest exceptional expenses to hit the ocean shipping market as a result of the Pandemic Freight Surge. Demurrage and Detention have gone from being a nuisance
Shipping Strategy – Avoid Demurrage and Detention. Importers have been suffering equipment shortages and congestion all along the ocean supply chain. One consequence of the equipment shortages and congestion is a proliferation of demurrage and detention invoicing to the shipping
