WHAT DOES 128. PROJECT FINANCE VS TRADE FINANCE DIFFERENCES MEAN?

Although demurrage pertains exclusively to delays in port operations, detention refers to delays in retaining containers outside of the agreed-upon time for inland use. Understanding this differentiation is essential for navigating shipping contracts and running demurrage and detention charges.Hi Devin, Some Storage charges may be negotiated – it

Storage charges are separate fees imposed via the port authority for storing containers outside of the free of charge storage time within the port. Contrary to demurrage, that's billed with the shipping line, storage charges go directly towards the port.Hi Devin, Some Storage charges may be negotiated – it is dependent upon the port and the provi