NewsDemurrage income driving carriers into ‘hurry-up-and-wait’ scenario

September 20, 2024by 0

The ability of container carriers to levy high demurrage charges on shippers is holding back progress solving one of the biggest shipping bugbears – the “hurry-up-and-wait” scenario, in which box ships increase speed to catch up on schedules, only to end up anchored outside their destination port waiting for a berth.
Some estimates conclude this is increasing container shipping’s CO2 emissions by 15%.
Ships can only unload cargo when there are berthing …

The post Demurrage income driving carriers into ‘hurry-up-and-wait’ scenario appeared first on The Loadstar.

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