NEW TRADE REPORT BY CONTAINER XCHANGE: PORTS IN CHINA CHARGE THE LOWEST DEMURRAGE & DETENTION FEES IN THE WORLD
U.S. importers and exporters face the highest shipping charges D&D charges across 8 key ports in Mainland China increased by a staggering rate of 79% from $390 in 2020 to $700 in 2021; while still being much lower than the U.S. COSCO shipping line has the lowest Demurrage and detention fees amongst the top shipping lines studied HAMBURG, Germany, July 21, 2022 /PRNewswire/ --Container xChange's new Demurrage & Detention Benchmark 2022 report, published today, compares Demurrage & Detention (D&D) rates* imposed on customers by the world's ten largest shipping lines acros...
Source: singaporestar.com