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Demystifying Demurrage and Detention Container xChange reveal 2023 Trends and Strategies for Managing Demurrage and Detention Charges


Container xChange, an online marketplace and operating platform for container logistics companies, is thrilled to announce its upcoming webinar, “The Demurrage and Detention Debate: 2023 Trends, New Policies, and Secrets to Saving Big.”  

This highly anticipated event will take place on 28 June 2023 at 13:00 CET, offering industry professionals invaluable insights into the world of Demurrage and Detention charges. 

“Demurrage and Detention charges have long been a debated aspect of the container logistics industry. As we are halfway into 2023, the significance of these fees has reached new heights. Container xChange’s data reveals a global drop of 25% in late fees since 2022. However, numerous ports still impose exceptionally high charges. By making informed decisions and carefully selecting the right port and carrier, businesses can potentially save over $1,000 per container per day.”, said Christian Roeloffs, Co-Founder and CEO. 

Container xChange has meticulously analyzed the convergence of various factors, making this year particularly intriguing, with a special focus on the decisions looming from the Federal Maritime Commission (FMC). 

During the webinar, industry experts will delve into key topics, including: 

  • Unveiling the results from Container xChange’s highly anticipated annual 2023 Benchmark Report on Demurrage and Detention charges. 

  • In-depth discussion on the impact of new laws for carriers operating in the US and their effect on Demurrage and Detention charges. 

  • Exclusive tips on optimizing operations, selecting suitable carriers and ports, and streamlining supply chain processes. 

  • Actionable insights that can potentially save businesses thousands of dollars per container within the EMEA, APJ, and North America regions. 

At the heart of this event lies Container xChange’s annual benchmark report, which serves as a compass for industry players navigating the complex terrain of Demurrage and Detention fees. Through comprehensive analysis of year-on-year trends, the report uncovers invaluable insights into evolving practices and fee structures across major ports and shipping lines. Armed with this information, businesses gain a competitive edge, empowering them to make informed decisions, optimize container movements, and reduce costs. 

Container xChange’s benchmark report goes beyond global trends, shedding light on the intriguing nuances within different regions and highlighting ports where fees remain exorbitantly high. It is Container xChange’s mission to equip businesses with knowledge and strategies that effectively navigate the Demurrage and Detention landscape. 

The ever-evolving shipping industry demands staying ahead of the curve amidst challenges and regulatory changes. Container xChange is committed to providing the tools and information necessary for businesses to thrive in this dynamic landscape. 

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