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Demurrage and dispatch are terms used in the logistics and transportation industry that relate to the violation of delivery or transportation terms https://danil-hristich.com/en/demurrage-and-laytime-in-shipping-key-aspects-and-calculations/ .
Demurrage is a fee charged for the delay of a vehicle or container in a warehouse or port beyond the agreed time. Typically, if the cargo is not unloaded or picked up within the agreed time, the owners of the cargo or carriers are required to pay an additional amount to compensate for the costs associated with the idleness of the vehicle.
Dispatch is a cost that arises due to the violation of delivery terms and late dispatch of cargo. This may be due to delays in preparation, loading or other stages of transportation. Dispatch is a penalty that is imposed for the failure to fulfill the terms of the contract on time.
Both of these charges arise as a result of unexpected delays and are an important element in the contractual relationship between customers and transport companies.
Demurrage is a fee charged for the delay of a vehicle or container in a warehouse or port beyond the agreed time. Typically, if the cargo is not unloaded or picked up within the agreed time, the owners of the cargo or carriers are required to pay an additional amount to compensate for the costs associated with the idleness of the vehicle.
Dispatch is a cost that arises due to the violation of delivery terms and late dispatch of cargo. This may be due to delays in preparation, loading or other stages of transportation. Dispatch is a penalty that is imposed for the failure to fulfill the terms of the contract on time.
Both of these charges arise as a result of unexpected delays and are an important element in the contractual relationship between customers and transport companies.
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