“What I see now is not a penalty for the extensive use of equipment… I see a profiteering on equipment as an addendum to the profit made in shipping.”
It’s a fact—demurrage plagues us in the Caribbean. And we can’t help but notice how it has made a shift from penalty to profiteering.
Following on from our recently published article ‘On Demurrage: Developing A Level of Reasonableness’, our host Collis Williams, gives his thoughts on the plague that is demurrage. Can we find a cure for this crippling malady in the near future?
Listen to the podcast by clicking on the play button ► on the audio player below. You can also subscribe and listen to all of our episodes on Apple Podcasts, Google Play, Google Podcasts, Spotify, Stitcher and RSS.
In the article On Demurrage: Developing A Level Of Reasonableness, guest contributor to our RDL blog, Wanda Downes, dissects the demurrage problem and offers suggestions on how we can develop a level of reasonableness for both parties involved—carriers and importers/exporters.
Join the discussion on this episode
We want to hear from you. Challenge us, agree with us or discuss your ideas and solutions with us. Simply scroll to the bottom of this page, log in to our discussion forum with either your Facebook, Twitter, Google or Disqus account and let us know your thoughts.