Demurrage in India
India, with its long coastline has some of the busiest ports in the world, and deals with issues such as port congestion, inadequate facilities to work with incoming ships and shippers ending up paying demurrage charges. A document released by the Mumbai port trust, lists some of the scenarios when and when not, demurrage will be charged.
As we already know, a ship has few free-days before demurrage is charged. The free-days at the Mumbai port exclude Sundays, Customs holidays and the port’s non-working days. Once the free-days expire demurrage will be charged on all goods that have not been cleared. Mails, post parcels, diplomatic postal bags, and personal bags irrespective of the weight are excluded from demurrage.
Class of goods
Charged
Rate from 1st day to 20th day
Rate from 21st day to 40th day
Rate from 40th day onwards
All the goods listed in the wharfage schedule
Per tonne per day or part thereof
₹ 37.50
₹56.25
₹75.00
The list of goods in the wharfage schedule can be found here.