Shipping and Freight Resource Educational Blog http://shippingandfreightresource.com
What is the difference between Storage and Demurrage This is another area where sometimes people get confused, specially first time importers.. Hope below helps to clear up some of the confusion.. Demurrage is the charge levied by the shipping line on the consignee if the container is not cleared and returned to the nominated empty depot within the specified free days offered by the line.. The free days and charges might vary depending on the country and shipping line.. Storage is the charge levied by the port on the shipping line (since they have the account with the port) if the container is not moved out of the port within the specified free days offered by the port.. The shipping line in turn recovers this cost from the consignee.. It is possible that a container can incur both Demurrage and Storage on the same shipment..
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