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Port Storage Charges, Demurrage and Detention Explained for Beginners

Welcome to Adrian The Logistician, your ultimate guide to the world of shipping logistics. In this beginner-friendly video, we will demystify the concepts of port storage charges, demurrage, and detention, shedding light on their significance in import-export operations. Understanding port storage charges is crucial for anyone involved in shipping goods. Join Adrian as he explains the fundamentals of port storage, providing a detailed overview of how it works and its implications for importers and exporters. You will gain a comprehensive understanding of port storage charges, their calculation methods, and the factors that affect them. Next, we will delve into demurrage and detention. Adrian will break down these terms, explaining their differences and importance in the shipping industry. You will learn how demurrage and detention charges can arise when cargo is delayed or held at the port beyond the agreed-upon timeframes. Adrian will provide practical examples and tips to help you avoid or minimize these charges, ensuring a smoother and more cost-effective shipping process. Whether you're a beginner in the field of shipping logistics or looking to enhance your knowledge, this video is for you. Subscribe to Adrian The Logistician for more insightful content on port operations, logistics management, and supply chain optimization. Equip yourself with the understanding of port storage charges, demurrage, and detention, and take your shipping operations to the next level of efficiency. 0:00 Intro 0:25 Introduction of demurrage, detention and port storage charges 1:17 Demurrage charges 2:00 Detention charges 2:44 Port storage charges 3:05 Tips to reduce demurrage, detention and port storage charges 4:58 Our contact details Please feel free to contact us FB @   / actionslogistics   Instagram @   / actionslogistics   LinkedIn @   / actions-logistics   Twitter @   / adrianfang