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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 ]
The port facility in pink along with the usual route of ships entering Newark Bay via The Narrows and Kill Van Kull between Bayonne, New Jersey, and Staten Island Container port facilities at Port Newark-Elizabeth Marine Terminal seen from Bayonne, New Jersey Part of the A.P. Moller Container terminal at Port Elizabeth USACE patrol boat on Newark Bay
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.
With the emergence of the internet in the 1990s, the global project management association INTERNET was renamed International Project Management Association (IPMA) and the UK Branch Association for Project Management (APM). [6]
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 ...
IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. [1] Application Portfolio Management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations.
The APM technology was purchased by AEG in 1988 and later transferred to Adtranz in 1996. Innovia vehicles (later renamed Innovia 200 APM) operating on DFW Skylink. As the competing Crystal Mover system grew in popularity, Adtranz began developing a new, more aerodynamic model known as Innovia, which started testing in 1999. In addition to its ...
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 .