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97.2.12 (97) 0158 24 :0800053588CONTAINER DEMURRAGE CHARGES This policy shall cover demurrage charges and/or late penalties assessed against, and paid by, the Assured for late return of containers
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What is container demurrage charges?
Container demurrage charges are fees incurred when a container is not returned within the agreed-upon free time.
Who is required to file container demurrage charges?
The party responsible for the container, such as the shipper or consignee, is required to file container demurrage charges.
How to fill out container demurrage charges?
Container demurrage charges can be filled out online or through the shipping company's designated platform.
What is the purpose of container demurrage charges?
The purpose of container demurrage charges is to incentivize timely return of containers to ensure efficient use of container resources.
What information must be reported on container demurrage charges?
Information such as the container number, shipping line, date of return, and reason for delay must be reported on container demurrage charges.
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