OCEANUS LINE
Demurrage Charges & Free Time
Demurrage (Equipment):
Charges assessed by a carrier against the merchant or consignee as compensation for holding career’s equipment beyond a certain stated period of “the time” (i.e. in a terminal, calculations is from the discharge of a vessel until container is out the gate or from the time the container is in the yard until it is loaded to a vessel; in the case of an inland depot or rail ramp, calculation is from the date of arrival at the depot/ramp until gate out)
Inbound: Free Time commences on day of discharges it before 8:00 AM, the following day if after 8:00 AM
Day of discharge is determined by the terminal operator.
Outbound: Free time to commence on the next working day after the loaded container is delivered by the shipper to the carrier designated terminal.
| Container Type: | DRY | Reefer/Special Equipment (OT, FR) |
| Free time (Business Days): | 7 | 3 |
| Charges after free days expiry | 175 | 325 |
Free Time:
Time allowed for shippers or consignees/receivers to pick up/deliver and/or load/unload cargo before demurrage, detention and other charges accrue.
Business days are defined as Monday – Friday, excluding holidays
Detention (Equipment):
Charges assessed by a carrier against the merchant, consignee, or inland carrier as compensation for holding a carrier’s equipment beyond a certain stated period of “free time” between the times the container is out the gate until it is returned to the carrier.
Free time commences on day of interchange.
| Container Type: | DRY | Reefer/Special Equipment (OT, FR) |
| Free time (Business Days): | 7 | 3 |
| Charges after free days expiry | 125 | 305 |
Free Time:
Time allowed for shippers or consignees/receivers to pick up/deliver and/or load/unload cargo before demurrage, detention and other charges accrue.
Business days are defined as Monday – Friday, excluding holidays