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Demurrage" / d ɪ ˈ m ʌ r ɪ dʒ / [1] in vessel chartering is the period when the charterer remained in possession of the vessel after the period normally allowed to load and unload cargo . [2] By extension, demurrage refers to the charges that the charterer pays to the ship owner for its delayed operations of loading/unloading. [ 3 ]
If the seller is not able to organize unloading, they should consider shipping under DAP terms instead. All charges after unloading (for example, import duty, taxes, customs and on-carriage) are to be borne by buyer. However, any delay or demurrage charges at the terminal will generally be for the seller's account.
APM Terminals is a port operating company headquartered in The Hague, Netherlands.A unit of Danish shipping company Maersk's Transport and Logistics division. It manages container terminals and provides integrated cargo and inland services, operating 74 port and terminal facilities in 38 countries on five continents.
In commercial shipping, laytime is the amount of time allowed, measured in days (or portions thereof), hours, or even tides, within a voyage charter for the loading and unloading of cargo.
Demurrage in a currency system reduces discount rates, and thus increases the present value of a long-term investment, and thus gives an incentive for such investments. [ 1 ] Unlike inflation , demurrage gradually reduces only the value of currency held: it functions as a negative interest (a tax) on currency held versus inflation that also ...
Innovia APM 100 vehicles on the Metromover in Miami Skyway train at George Bush Intercontinental Airport. The Innovia APM 100 (formerly known as the CX-100) is an automated people mover (APM) rolling stock first developed by Westinghouse (later Adtranz, Bombardier Transportation and now Alstom), intended mainly for airport connections and light rail in towns.
In the fields of information technology and systems management, application performance management (APM) is the monitoring and management of the performance and availability of software applications. APM strives to detect and diagnose complex application performance problems to maintain an expected level of service .
In finance, arbitrage pricing theory (APT) is a multi-factor model for asset pricing which relates various macro-economic (systematic) risk variables to the pricing of financial assets.