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What is difference between Demurrage and detention in export import? - YouTube
Channel: Export Import Learning Shyam Rathore
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Hello friends, welcome to our channel
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in this session, we will know about demurrage and detention
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as in import and export, we pay some charges so demurrage and detention is also an expanse
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through this session, we will know demurrage and detention
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so first we will know about detention, once we export goods
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we need to book the container and contract with the shipping line
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in that contract, shipping line mentions our cargo details on BL and agree that the cargo is in shipping custody
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as per the given address shipping is bound to deliver the cargo
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2nd point is as a contract is 14 days of free detention at the destination
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as per shipping line empty containers need to return at destination in 7 days
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as per location if the buyer is not able to return the container then the detention charge start
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like examine time 3 days then travelling time 5 days empty container return 10 days
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so here we have to pay detention charges for not returning empty container in time
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so how to address such problem so that our buyer not affect by extra chares
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so while taking container booking we need to confirm with buyer that what time you will take returning container
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as buyer confirms 14 days then in contract with the shipping line we need to mention 14 days
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in this case we when we export goods examination proceed and sob shipment
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then container reached at destination country then examination done
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so here count down the start of free detention days
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if buyer returns empty container in 14 days then no detention applies
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if buyer return in 20days then he needs to pay 6 days detention charges
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so in detention we will note able to return container to shipping line the charges apply
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now demurrage | demurrage means ground rent , charge of space occupy
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if we do not remove the shipment from the warehouse then charges start
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When our shipment revied at the airport due to any reason we have not remove the shipment
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due to custom query, we have not removed shipment from port then demurrage charges start
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its called demurrage and ground rent
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so working is once cargo reached at port we need to file BOE before
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else penalty applies
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and also carriers need to file IGM , This 2 step is important
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then examination, then doc present,and shipment clreare
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after paying custom duty and shipping charge you can remove the cargo
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otherwise, demurrage charges started
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if you cargo details not match with doc then you have to wait
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buy ground rent is started until shipment not move from the warehouse
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so we have to pay the demurrage charge, it mostly occurs in air case, detention apply in sea case
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you can check in the bill of the agent
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so friends we have understood the difference between demurrage and detention
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thanks for watching | support me by super thank
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