Detention and demurrage: What is the difference between the two?https://www.icicoverage.com/wp-content/uploads/2022/06/Blog-ICI-9-1024x726.jpg1024726ICI CoverageICI Coverage//www.icicoverage.com/wp-content/uploads/2022/05/ici-white-logo.png
Two terms that are often confused within the maritime area are detention and demurrage. Although both have to do with the costs that can be generated in the midst of…