In the dynamic global sea freight situation, leading carriers have recently opted to decrease demurrage and detention-free time. This decision, driven by the need to manage operational challenges, is a direct consequence of the ongoing situation in the Red Sea and the approaching Lunar New Year peak.
Changes to demurrage and detention conditions are expected to start affecting shipments arriving in early February. It’s not just about reduced free time; the industry also faces equipment shortages and port congestion. Moreover, geopolitical tensions, highlighted by recent incidents involving shipping lines, continue to add to the complexity.
Forto’s Platform: A Game Changer for Demurrage and Detention Management
Forto’s platform for logistics management offers a powerful tool for managing demurrage and detention. By using the Forto purpose-designed platform features users can enjoy:
- Clarity and Instant Visibility: Get a clear, immediate view of your demurrage and detention charges. This level of transparency is essential for managing your sea freight expenses effectively.
- Improved Planning and Accuracy: Enhance your destination planning and inventory management. Forto’s platform breaks down demurrage and detention charges at the container level, promoting precise expense tracking.
- Proactive Delivery Management: Base your delivery decisions on solid data insights. This approach helps you steer clear of unexpected costs and fosters proactive management of your supply chain.
Ensuring Peace of Mind: Special Focus on Forto’s Demurrage and Detention Notifications
Forto’s platform provides specialized notifications for demurrage and detention events with three different urgency levels:
- Deviation Risks Notification: Receive notifications about free demurrage and detention days, including tariff information, 7 days before the estimated time of arrival (ETA).
- Update Notification: Get updates on free demurrage and detention days and tariffs once the vessel arrives at the destination port.
- Deviation Notification: Stay informed if free demurrage days are exceeded, with details on demurrage charges after the container leaves the port, and similarly for detention charges once the container is returned to the carrier.
You have the option to receive demurrage and detention notifications separately or combine them into a single, comprehensive notification, giving you flexibility in how you manage and respond to these events.
Picture a scenario where you, a cargo owner, are handling multiple shipments under these new time constraints. Forto’s platform not only offers you visibility into demurrage and detention but also empowers you to manage these effectively. You can swiftly estimate the financial impact on each shipment, make smart decisions, tweak your operations, and communicate proactively with your customers to minimize charges and ensure timely deliveries.
Visibility and Control for Demurrage and Detention
In these uncertain times, Forto’s platform can help you bring clarity and control to demurrage and detention management. It offers the visibility, accuracy, and tools you need to navigate the complex currents of today’s sea freight environment.
Interested in seeing how these features can integrate seamlessly into your logistics operations? Get in touch with us for a demo and experience firsthand the benefits of Forto’s service offering.
