Detention and demurrage: Two words with the potential to add significant costs to the bills of both importers and exporters. For some, it’s big business. Maersk brought in almost US$1 billion in detention and demurrage charges in 2018, against total revenues of just...
Shipping is a vital part of any supply chain, be it on road, rail, sea, or air. Ensuring safe delivery of the product into customer’s hands is essential. As shipments travel miles from their origin, often from an overseas factory, to their final destination, they are...
