HELPING THE OTHERS REALIZE THE ADVANTAGES OF 25. DDP INCOTERMS COST IMPLICATIONS FOR IMPORTERS

For Shipowners: Shipowners may experience demurrage charges whenever they are unsuccessful to load or unload the cargo inside the allowed free time. For example, if their ship is delayed as a result of port congestion or other causes, They might be accountable for paying out demurrage.Documentation Troubles: Documentation challenges for example err

Custom made clearance problems are amongst the reasons for demurrage. Cargo may possibly stay at the port for a longer period than the preset free time due to the customs inspection process which can take a longer time than predicted.Occupied ports such as Port Klang, could experience Repeated congestion as a consequence of large volume of cargo. S