Demurrage Charges Application

Demurrage charges apply to an importer when he fails to take the delivery of the containers within the stipulated number of free days allowed (decided by the Port Authority). Demurrage charges are usually calculated on a per-day basis. This charge will keep on accruing until the delivery of the containers is taken, and sometimes they overtake the actual value of goods imported, leaving the importer no choice but to abandon the shipment.