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How to save millions on your demurrage bill

Billions of dollars of demurrage charges are levied each year across the bulk shipping sector.

In supply chains that involve the chartering of vessels, demurrage is seen by many organizations as an inevitability of moving cargos. Billions of dollars of demurrage charges are levied each year across the bulk shipping sector. In today’s world however, with the advent of new technologies and vessel planning techniques, this no longer needs to be the accepted norm. This paper demonstrates a new approach to vessel scheduling that can drive demurrage savings.

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