Tag Archives: demurrage

FI for storage and demurrage

Difference between Storage and Demurrage

What is the difference between Storage and Demurrage..?? This is another area where some confusion exists and I will explain the reason why.. When a container is discharged off a ship, it is moved to the CY area within the port.. When the customer has done the clearance with customs and is ready to take delivery of the container, he/she … Read more here..

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Article 4 – Import process

Before we start the import process lets look at some definitions/explanations : Consignee or Importer : Companies that are authorised by Customs and Govt authorities to import cargoes into South Africa from various countries.. Place of Origin : A place from which a certain cargo originates in order to be shipped to a certain destination as per the contract of … Read more here..

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