Change of Demurrage & Detention rule (after extended freetime expiry)
Dear valued customers,
We would like to inform you about our new demurrage & detention methodology, touching the calculation of days and tiers after the expiration of extended freetime.
The new D&D rule will be effective with rate date 1st October 2018, valid for all shipments and all bounds, at origin and at destination.
Example (extended freetime of ttl 14 days, 24 days container usage):
Standard Terms:
- • 9 days freetime as per tariff
- • day 10-16 (7 days), EUR 28/container/day (tier 1)
- • thereafter >= day 17 (8 days), EUR 56/container/day (tier 2)
Old rule with extended freetime:
- • 14 days extended freetime
- • day 15-21 (7 days), EUR 28/container/day (tier 1)
- • thereafter >= day 22 (3 days), EUR 56/container/day (tier 2)
New rule with extended freetime:
- • 14 days extended freetime
- • day 15-16 (2 days), EUR 28/container/day (tier 1)
- • thereafter >= day 17 (8 days), EUR 56/container/day (tier 2)
/DD%20new%20logic%20example%20table.jpg)
EUR 28 = tier 1
EUR 56 = tier 2
This means after expiry of extended freetimes, charges might be linked to respective higher tiers from the beginning of billable days.
If you have any further questions, please do not hesitate to contact your local sales representative.
Looking forward to your ongoing support of OOCL.
With best regards,
Your Team at OOCL Poland
