When demurrage pertains precisely to delays in port functions, detention refers to delays in retaining containers over and above the agreed-on time for inland use. Understanding this differentiation is important for navigating shipping contracts and running demurrage and detention charges. Demurrage charges are usually calculated on a daily basis and https://8ucp600compliancechecklis56504.oblogation.com/34072953/what-does-128-project-finance-vs-trade-finance-differences-mean