Port of Discharge: Read the Full Explanation
Definition of Port of Discharge A Port of Discharge is a location used to unload goods that have been transported by sea. This location is also known as a port or seaport. Ports are usually located near the coast, but some are located inland and function as maritime terminals. A Port of Discharge is a location used to unload goods transported by sea. These ports provide specialized facilities to assist buyers and sellers in shipping and receiving goods transported by sea. They also provide various other facilities, such as seaport services, maritime vessel services, dock services, and other port-related services. See Also: Supply Chain Management: Definition and Benefits A Port of Discharge also serves as a place to store goods that have been transported by sea. This location typically has warehouses that can be used to store goods transported by sea. Although some ports do not have warehouses, most ports have warehouses for storing goods transported by sea. Several activities take place at a Port of Discharge. One of them is the unloading of goods that have been transported by sea. The unloading of these goods is carried out at the port using heavy equipment, such as trucks, gantry cranes, and other heavy machinery. This process requires a significant workforce to ensure that goods transported by sea can be properly received by the port. In addition to unloading, operations at the Port of Discharge also include various other tasks, such as storing, monitoring, and maintaining the quality of goods that have been transported by sea. This process also requires a large workforce. These activities are crucial to ensuring that goods transported by sea are properly received at the port. In addition, the Port of Discharge has other responsibilities, such as overseeing the delivery of goods that have been transported by sea. This task is vital to ensure that goods transported by sea are properly received at the port. This task also ensures that goods transported by sea are properly received at the port. In conclusion, the Port of Discharge functions as a maritime terminal. There, goods transported by sea can be properly received. Various other processes, such as loading, storage, supervision, and quality control of goods transported by sea, are also carried out there. In this way, goods transported by sea can be properly received at the port.
What Is Packaging? Definition, Benefits, and Functions
You can’t transport eggs from a poultry farm to a retailer without packing them in egg cartons because the eggs might break before they even reach the end consumer. Similarly, a white shirt might get stained if it’s transported and sold without packaging, and retailers might not be able to sell perishable dairy products after just one day without proper packaging. Paper, corrugated boxes, plastic film, polybags, and roll bags—among other materials used to wrap a product—have more value than customers might imagine. But what exactly is packaging, why is it important, and what are its types and functions? What Is Packaging? Packaging is the act of enclosing or protecting a product using a container to aid in distribution, identification, storage, promotion, and use. Packaging encompasses all activities involved in designing and producing containers for a product. Simply put, packaging refers to the design and development of wrapping materials or containers around a product that help to: Identify and differentiate products in the market, Transport and distribute products, Store the product, Promote the product, Use the product correctly. The Importance of Packaging Often considered a vital part of marketing, packaging serves as a core tool for distribution, storage, and sales—it can be an integral part of the product itself or an external container made from various materials. Packaging is a crucial element for both sellers and customers. While sellers use it as a tool for distribution, storage, and promotion, customers rely on it as an essential means of identification and usage. The Importance of Packaging for Sellers Distribution: Good packaging allows sellers to transport products from the manufacturing facility to the final point of sale and then to the customer. Sellers use different types of packaging for the same purpose: transport packaging to move products and consumer packaging to help consumers use the products. Storage: Warehousing carries risks of spoilage, spills, and mishandling of the products themselves. Proper packaging helps sellers store and sort products more effectively. Promotion: Packaging is a vital marketing element that brands use to differentiate their products through attractive, colorful, and visually appealing designs, while informing buyers about the product’s performance, features, and benefits. Safety: Good packaging helps ensure product safety before it reaches the end consumer. For example, Tetra Pak prevents milk from spoiling before its expiration date. The Importance of Packaging for Buyers Identification: Packaging and labeling help customers identify products and distinguish them from other products on the market. Usage: Often, packaging—such as that for toothpaste—is an integral part of the product and aids in its use and consumption. Safety: It also protects consumers from the hazards associated with the product. For example, acid bottles protect users from acid burns. Functions of Packaging Packaging plays a vital role from the moment a product is developed until it is fully consumed. The functions of packaging include: Containing the product: Most products need to be properly contained during transportation, storage, or consumption. Packaging ensures the product is available when and where it is needed. Protecting the product: Packaging protects the product—including its quality, features, and usability—from damage or contamination during transportation, storage, and consumption. Facilitating product handling and use: Proper packaging facilitates product handling and makes transportation, delivery, and even product use easier. Differentiating products and making them stand out: Packaging makes it easier for customers to identify products and distinguish them from others. Additionally, attractive packaging has the ability to stand out and draw customers toward it. It is part of a product’s marketing strategy: Attractive and/or informative packaging makes a product stand out and serves as a promotional tool. Packaging also acts as the final point of contact that aids in product promotion and sales. Providing customer convenience: Packaging also serves as a convenience tool that makes it easy for customers to carry, transport, and use the product. Serving as a communication medium: Packaging, along with labeling, helps communicate the brand’s identity, brand message, and product and company information to customers. Adding aesthetic value: Packaging can make a simple product look attractive or a unique product look ordinary. This is a crucial aesthetic touchpoint that can make or break sales. That concludes the information on what packaging is and its significance.
How to Write a Package Address So It Reaches Its Destination Quickly!
Knowing how to write a package address is one of the most important things to keep in mind when sending a package through a shipping service. If the address is incorrect, the package may not reach its destination. If this is your first time sending a package, you’ll naturally want to know how to write a package address correctly. It’s really not that hard. It’s not much different from writing an address on a letter. Check out the full explanation below for more details. How to Write a Package Address Generally, the correct format for a package address consists of three main parts: the sender’s/recipient’s name, the full address, and a contact phone number. This applies to both the sender and the recipient. Below is an explanation of each part. 1. Full Name The first part you must write on the package address is the full name. For the recipient, you can write the person’s full name or add a commonly used nickname, if applicable. As for the sender, you can write your full name or the name of your store if you sell online. 2. Full Address For the address, write it out in full so the courier can find it more easily. This applies specifically to the recipient’s address. The parts you need to include in the package address are as follows: Street name (if applicable) House number (if applicable) Neighborhood name (if applicable) RT and RW Village/District/Subdistrict Name Subdistrict name City/Regency Name Province Name ZIP Code 3. Phone Number The last piece of information you must include when writing a package address is a contact phone number or cell phone number. This is important so that the courier can contact the recipient if they have trouble finding the listed home address. If necessary, include a cell phone number that is also used for WhatsApp so the recipient can share their location with the courier to make it easier to find the address. To better understand the format for writing a package address, you can see the examples of recipient and sender addresses below. Example of a package recipient’s address Sidik Ristiawan Jl. Merpati No. 14, RT 05, RW 07, Kapuk Hamlet, Wuriharjo Village, Sidowengi Subdistrict Magelang Regency, Central Java ZIP Code 56115 Phone: 0812 3456 7890 Example of how to write the sender’s address Malik Oktario Jl. Mawar No. 70, RT 02, RW 05, Melati Village, Mentari Village, Ijoroyo Subdistrict Sidoarjo Regency, East Java ZIP Code 61211 Phone: 0898 7654 3210 How to Address a Package So It Reaches Its Destination Quickly First, write the recipient’s full name. Next, write the recipient’s full address, starting with the street, house number, village, subdistrict, regency/city, and region. After making sure the address is correct, write the ZIP code for that address. Next, write the recipient’s phone number or cell phone number. After writing the recipient’s address, also write the full name or the name of the store sending the package. Also note the sender’s full address, whether it’s a home address or a store address. Finally, write down the sender’s phone number. To send documents, write the recipient’s address on the left and the sender’s address on the right. If you’re sending documents, you can write the package address directly on the envelope. However, if you’re sending goods, you can write the address on a piece of paper first and then attach it with tape. How to Print a Package Address on a Marketplace If you’re a seller or online store owner, it can be quite a hassle to have to enter package addresses manually. Fortunately, you can now print package addresses directly if you sell through marketplaces like Tokopedia, Shopee, and others. The process is quite simple. After confirming an incoming order, you just need to find the menu option to print the address label (Print Label) or tracking number (Print Receipt) on each marketplace platform. Just click the menu, then print and attach it to the bag you’ve prepared. The address will be automatically generated based on the address the buyer entered in their marketplace profile, along with a barcode. This way, you don’t have to write the package address manually, and you can also minimize the risk of writing errors. That’s the correct way to write a package address according to shipping standards in Indonesia. You can use the guide above to send packages via JNE, J&T, SiCepat, the Post Office, Anteraja, and others. The key is to write the address completely and correctly, and to include contact information for both the recipient and the sender. This makes it easier for the courier to deliver the package, ensuring it arrives at its destination faster.
Procurement: Definition and How It Differs from Purchasing
Simply put, purchasing can be defined as the process of acquiring goods or services. In this context, purchasing has a more specific meaning: the acquisition of a particular product or service. For those not directly involved in production management, it can sometimes be difficult to distinguish between Procurement and Purchasing. The two are closely related but play very different roles. Simply put, purchasing can be defined as the process of acquiring goods or services. In this context, “purchasing” has a more specific meaning: the acquisition of a specific product or service. Thus, “purchasing” actually falls within the scope of procurement. In practice, procurement consists of three stages: procurement, forwarding, and transportation. The latter two can be explained as follows: forwarding is the oversight stage to ensure the procurement process runs smoothly. Meanwhile, logistics is the phase of delivering goods and ensuring they arrive safely at their destination. An effective purchasing strategy must be precise in five areas: quality, price, time, service, and quantity. These five points are interrelated. There are many divisions within a company that support business continuity so that operations run smoothly. One of the primary and most important is purchasing. Purchasing is part of supply chain management, which is essential for many industries, particularly FMCG (Fast-Moving Consumer Goods). If you have experience in accounting, business management, or related fields, a career in purchasing might be a great choice for you. Before deciding on a career path, you should, of course, learn more about the role first. What Is Procurement? Procurement is the process of sourcing and purchasing goods for a business. The goods or services that the procurement department must source come from external suppliers. To ensure the availability of these goods, you must identify suppliers and select the best ones. Professionals in this role ensure that goods are available in the required quantities and at the right time. In addition, procurement professionals must also find ways to minimize costs. Not only that, but purchasing also involves communicating with suppliers and negotiating business agreements between both parties. With Procurify in place, your procurement work looks like this: Identifying the goods or resources the company needs Creating a purchase request Evaluating and selecting suppliers Negotiating prices and business agreements Placing purchase orders Receiving and inspecting incoming goods Create invoices and arrange payments Recording all actions taken The Difference Between Procurement and Purchasing You already understand what procurement is. However, don’t confuse it with purchasing. They are sometimes considered the same, but No-Code Platform says there are differences between the two. For more details, here’s a brief explanation of the differences between them. 1. Strategic and transactional functions Procurement is a strategic process, while purchasing is a transactional function in the effort to obtain desired resources. The purpose of the strategic function is to research, negotiate, and plan activities. Meanwhile, purchasing only covers buying or ordering and payment. 2. Focus Purchasing typically focuses only on the order price and how to store the goods. On the other hand, procurement focuses not only on costs but also on the overall value the company receives through the procurement process. Additionally, purchasing serves to build relationships with suppliers, whereas procurement does not involve such close relationships with suppliers. 3. Risk Prevention Companies often face several challenges in the supply chain. For example, operational, financial, and security risks. Procurement aims to identify these risks and mitigate the more significant ones in the future. That’s the information regarding the definition of procurement and how it differs from purchasing—make sure you don’t confuse the two again.
Customs Clearance: Definition, Process, and Stages
For companies that import goods, customs clearance is one of the steps that must be carefully managed. Goods cannot simply be released from the port upon arrival. There are documents that must be submitted, customs duties and taxes that need to be paid, and other requirements that must be met. For companies that aren’t yet accustomed to handling imports independently, this process can be quite complicated. Errors in goods data, documentation, classification, or customs value can prolong the process of releasing the goods. So, what exactly is customs clearance, and how does the process work? ✦ Key Takeaways Customs clearance is a series of steps to fulfill customs obligations to ensure goods can be processed and released in accordance with regulations. The process includes submitting documents, the PIB, paying duties, undergoing inspections if required, and obtaining approval for the release of goods. What Is Customs Clearance? Customs clearance is the process of fulfilling customs obligations so that imported or exported goods can be processed in accordance with regulations and released or shipped in accordance with applicable procedures. In the context of imports for domestic use, the process involves, among other things, the Import Goods Declaration (PIB), supplementary customs documents, payment of import duties and taxes (PDRI), compliance with prohibitions and restrictions, and customs inspections if required. In business practice, the term “customs clearance” is often used to refer to the entire process of handling goods through customs. This process can be carried out by the importer themselves or with the assistance of a party that has the authority and expertise in customs procedures. Documents Required for Customs Clearance The required documents may vary depending on the type of goods, the import scheme, and applicable regulations. For imports intended for use, the PIB is prepared based on supporting customs documents. Some commonly used documents include: Commercial invoice Packing list Bill of Lading (B/L) for ocean shipments Air Waybill (AWB) for air shipments Permit documents for specific goods Other documents required based on the characteristics of the goods The importer or the party handling customs clearance must ensure that the information in these documents matches the actual goods. How Does the Customs Clearance Process Work? The process can be described as follows: Goods arrive → documents are prepared → PIB is submitted → duties are paid → inspection if required → release approval → goods are released. Here is an explanation of each stage. 1. Goods Arrive and Are Presented to Customs After the goods arrive in Indonesia, the process of releasing them from the customs zone is carried out through the applicable customs procedures. For imports by sea, goods are generally held in a temporary storage area or facility while awaiting the settlement of customs duties. 2. Preparing and Submitting the PIB The importer submits the Goods Import Declaration (PIB) based on supporting customs documents. The data included covers information on the importer, transportation, goods, value, country of origin, and goods classification. At this stage, data accuracy is crucial because the PIB serves as the basis for the import obligation settlement process. 3. Calculating and Paying Import Duties and Taxes The importer is responsible for calculating and paying import duties, excise taxes (if applicable), and PDRI in accordance with applicable regulations. These calculations are based on the classification of goods, customs value, tariffs, and the types of levies imposed. 4. Customs Inspection Not all imported goods automatically undergo physical inspection. Customs uses a risk-based surveillance system. The import process for goods intended for use includes the Green Channel and the Red Channel. The Red Lane involves document review and physical inspection before goods receive release approval, whereas the Green Lane does not require a physical inspection before release approval is issued. If a physical inspection is conducted, officers can verify that the condition and type of goods match the information declared in the documents. 5. Goods Receive Release Approval Once customs requirements are met—including the completion of payment or the provision of a bond if required, as well as compliance with prohibitions and restrictions—Customs may issue a Goods Release Approval Letter (SPPB). Once this approval is issued, the goods may be released from the customs zone in accordance with applicable procedures. Why Does Customs Clearance Often Feel Complicated? The complexity lies not only in the sheer volume of documents. Data from invoices, packing lists, transport documents, and the PIB must all match. In addition, companies must pay attention to the classification of goods, customs value, tariffs, taxes, as well as prohibitions and restrictions. When one part needs to be corrected, the goods release process can be affected. Therefore, companies that handle many shipments usually require a more structured workflow and data management system. Customs Clearance with the Help of a Freight Forwarder Companies do not always have to handle the entire process on their own. Freight forwarders can help coordinate shipments and administrative requirements based on the services they provide. For companies with high import volumes, using a digital system can also help reduce repetitive data entry and make it easier to monitor each shipment. Manage the Freight Forwarding Process with Oaktree Oaktree provides an application to help freight forwarding companies manage shipment activities, documents, customers, costs, and operational processes within a single system. With more centralized data, teams can reduce repetitive administrative work and more easily monitor the progress of each shipment. Want to learn how Oaktree can be used for your company’s freight forwarding operations? [oak_banner style="2" url="https://www.oaktree.id/ads/?utm_source=blog&utm_medium=internal&utm" title="An Easy Way to Manage Customs Clearance Documents with the Custom Clearance App" cta="Try for Free"] What About Temporary Imports? In addition to imports for domestic use, there is a temporary import scheme for goods that will be used in Indonesia for a specific period and then re-exported. This facility has its own requirements. One of them is that the goods must be identifiable as the same items when re-exported, and their intended use must be clear. Under certain conditions, temporary imports may qualify for import duty exemptions or reductions.
EMS Tracking: Definition and Complete Explanation
What is EMS Tracking? — Some of us may still be unfamiliar with EMS, but business owners or those working in this field likely already know everything there is to know about EMS tracking. For those of you who don’t know what EMS is, we’ll try to explain it in full detail. Definition of EMS (Express Mail Service) EMS, which stands for Express Mail Service, is an initiative by the UPU (Universal Postal Union) designed to help improve the efficiency of international mail and package delivery. Currently, EMS is primarily used by the rapidly growing e-commerce sector and online marketplaces to offer fast delivery for products purchased from abroad. This service was established in 1998 by the UPU (Universal Postal Union). The EMS service has a broader objective of promoting the development of EMS postal services worldwide. Currently, the EMS Cooperative is a key part of the Postal Operations Council, with more than 180 member countries working together to make EMS (the fastest cross-border postal service) function effectively. The EMS service can deliver approximately 8 million packages each week and has 178 administrations ready to serve. How EMS Works Express Mail Service (EMS) is a global delivery service that promises the fastest turnaround for domestic and international mail. Users pay an additional fee to ensure the fastest possible delivery time. This service is available for both domestic and international mail. Why is EMS usually faster? It’s because EMS isn’t a single company with just a few employees, but rather a network of couriers working together to deliver packages, thereby expanding each individual’s capacity to ship worldwide. What are the key features of EMS package delivery? EMS’s ability to access such a vast network of post offices means it boasts the largest number of customer access points in the world. This, in turn, also means it can provide the most extensive last-mile coverage globally, all with the support of postal services worldwide. EMS shipments can be dropped off at a post office counter or picked up from the customer’s location, among various other convenient options. Key features that ensure successful EMS delivery include: Items can be dropped off at any post office or picked up from the customer’s location; customers can pick them up from anywhere or have them delivered to their location. Priority handling from initial receipt to final delivery Signature upon delivery Delivery to the recipient’s location End-to-end tracking (this depends on whether the same carrier handles the service or not. In some cases, tracking may switch between carriers if the handler changes during the parcel’s delivery route. Customers who want all their tracking needs met in one place are using the site’s universal shipment tracking API. In this case, it’s called EMS Tracking Customers interested in using the EMS postal service can find more information by visiting the service provider’s website. See Also: What Is Customs Clearance? Related Processes and Other Details Conclusion So, what do you think? Do you understand and are you interested in EMS? Hopefully, this explanation of EMS tracking has helped you understand it better.
Freight Forwarding Accounting: A Complete Explanation
Are you familiar with freight forwarding accounting? Some of you may still be confused about the connection between freight forwarding and accounting. Well, as it happens, we’re going to discuss this for you. Accounting in freight forwarding may involve several journal entries, as is often explained. Let’s dive right into the discussion. Accounting Aspects in Freight Forwarding Taxes We all know that taxes are an inevitable part of any business, especially in our beloved country, Indonesia. But how are taxes calculated specifically for freight forwarding businesses? Here’s a brief explanation: Adapted from online-pajak.com regarding taxes for freight forwarding companies: VAT on Transportation Management Services Based on the provisions of PMK No. 121/PMK.03/2015, it is stated that for the provision of transportation management services where the service invoice includes transportation costs, a 10% VAT is applied to the amount billed or that should be billed. Thus, the 10% amount is considered a freight forwarding fee, while the remaining 90% is considered a fee billed to the service user. The imposition of VAT on transportation management services uses an “other value” as the tax base. Therefore, the formula for calculating VAT on these services is VAT Rate × Alternative Tax Base 10% × 10% = 1% This 1% VAT on freight forwarding services must be paid by the business owner to their clients. Forecasting Next is forecasting. In freight forwarding, there is a concept called forecasting, which involves predicting a company’s profits or losses for the coming year or the next two years—something along those lines. Forecasting helps companies estimate future data. This is important to do, so make sure you, as business owners, give this some thought. Cash/Bank In this regard, it’s important to have a cash account for the company, as this will determine the company’s financial status. Transaction Revenue Transaction revenue in freight forwarding accounting includes profits and losses; everything that comes in or goes out must be accurately recorded by the company. See Also: Ocean Shipping: Definition and Methods of Shipping Freight Forwarding Software That Includes Accounting Oaktree is the first freight forwarding system in Indonesia that is integrated with various divisions such as marketing, operations, finance, and accounting. That’s the gist of it. So, what does Oaktree cover? Freight forwarding, of course. Freight forwarding itself refers to companies engaged in comprehensive freight transportation services; freight forwarders can function as EMKLs, shipping lines, customs service providers, and even offer door-to-door delivery. Oaktree is capable of handling a company’s accounting needs because its software covers multiple divisions.
Consumption Activities: Definition and Impact
In an economic context, consumer spending refers to the purchase of goods and services by consumers. This activity is a key component of the global economy and can have a significant impact on a country’s economic growth. However, beyond that, there is also a wealth of unique insights to be gained about consumer spending. Consumption Activity is Consumption is an important part of overall economic activity. It occurs when individuals or families use their income to purchase goods and services needed for daily life. Factors Affecting Economic Activity There are several factors that influence consumer economic activity. First, individual income plays a crucial role in determining how much people can spend on goods and services. The higher the income, the more money can be spent on consumption. However, in addition to income, factors such as the prices of goods and services, consumer preferences, and the overall economic conditions also influence consumer economic activity. In consumer economic activity, purchasing decisions can be influenced by many factors. One of these is consumer preference for specific products. Other factors that can influence purchasing decisions include advertising, promotions, and specific brands. Furthermore, the prices of goods and services are also important factors in consumer economic activity, as prices that are too high can deter consumers from purchasing those goods or services. Positive Impacts of Consumer Spending Consumer spending plays a vital role in determining a country’s economic health and contributes to overall economic growth. Consumer spending involves not only the purchasing process but also consumer psychology. Factors such as personal preferences, emotional engagement, and price perceptions can influence consumers’ decisions when buying goods or services. Consumption can have a significant environmental impact. Waste disposal and resource use can negatively affect the environment. Consumers can also play a vital role in reducing environmental impact through more sustainable and eco-friendly purchasing decisions. Consumption is no longer limited to local markets. In the era of globalization, consumers can easily purchase products from all over the world. This can affect both local and global markets, as well as provide opportunities for producers to market their products in international markets. Technology plays a vital role in modern consumption. Consumers can easily purchase goods and services through e-commerce platforms and mobile apps. In addition, technology also enables consumers to make better purchasing decisions by providing greater access to product information. Consumers are increasingly concerned about their health, and this is reflected in their consumption patterns. Consumers can purchase healthier food and beverage products and choose to use health services such as gyms or spas. Negative Impacts of Consumption Consumer economic activity can also have negative impacts on the environment and human health. The use of hazardous chemicals in the production of goods and services can have negative effects on human health and the environment. Furthermore, consumer economic activity can lead to excessive consumption and waste, which can harm the finances of individuals or families. Therefore, it is important for consumers to carefully consider their purchasing decisions and choose products that are environmentally friendly and of high quality. Furthermore, it is also necessary to consider saving and sound financial management to ensure that consumption does not exceed one’s financial means. Consumer economic activity can provide significant economic and social benefits if carried out responsibly and wisely.
Demurrage: Definition and Complete Explanation
Some of us who are involved in import-export activities may be familiar with the term “demurrage,” but what about the rest of you? In that case, you might want to read on to expand your knowledge of import-export. In this article, we’ll discuss demurrage, a term that may still be unfamiliar to you. Definition of Demurrage Demurrage is a fee charged to compensate ship owners or other transportation providers for delays in delivery. This fee arises from delays in delivering goods or fuel to the destination port. Demurrage is a form of compensation for ship owners or other transportation providers who suffer losses due to delivery delays. Demurrage payments begin when a ship arrives late at the destination port. Demurrage payments end when the shipped goods or fuel have been received by the specified time. Demurrage payments can be made in cash or other forms, depending on the agreement between the shipowner or other carrier and the shipper. When calculating demurrage costs, several variables must be considered, such as fuel prices, shipment duration, and transportation costs. Fuel prices are typically determined based on the type of fuel used and the amount of fuel required. Shipment duration is influenced by the distance to be traveled and traffic conditions. Transportation costs vary depending on the type of goods being shipped and the destination. When calculating demurrage charges, the shipowner or other carrier must account for the costs incurred due to shipment delays. Demurrage charges vary for each shipment, depending on the type of goods being shipped and the distance to be traveled. Demurrage is intended to ensure that the shipowner or other carrier receives fair compensation for shipment delays. Demurrage charges can also help improve operational efficiency, as they create an incentive for shipowners or other carriers to ensure that shipments arrive at the destination port on time. Understanding Demurrage Fees in Import and Export In the export and import business, we often hear about fines imposed on cargo owners, whether by government agencies or by shipping lines. Robert Leonard Marbun, Director of International and Inter-Agency Customs Affairs, explained on Wednesday (October 5) that fines imposed by shipping lines—as container owners—on container lessees or cargo owners, whether importers or exporters, generally result from delays in returning containers to the shipping line. ““Not all fines imposed on importers and exporters come from government agencies. Fines can also come from shipping lines. To avoid unnecessary additional costs, it is advisable for importers, exporters, and the public to understand demurrage,” said Robert. Read the full article at beacukai.go.id