Demurrage charges – Prediction uncertainty high in the Middle East and North-East Asia

Together with German research institute Fraunhofer CML we’ve looked at how long it takes container users to return equipment at a depot after discharge at last POD.

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For the analysis, we looked at millions of container journeys. Underlying data was collected via direct API to NVO/ carrier tracking systems, live pickup and drop-off data from depots, and successful deals on Container xChange.

What we’ve found out:

Average time to return equipment is 12 days (8.5 days when port and depot in same location, 14 days if in different location)

On average, Europe and South East Asia lead with only 8.8/ 8.9 days while it takes container users, for instance, 12 days in North East Asia and 11 days in the Middle East

Highest level of prediction uncertainty in North East Asia and the Middle East (highest variance)

Expected demurrage charge (mean values + average charges levied across the 10 biggest carriers) is $225 in Hamburg across carriers and $1147 in Los Angeles

Source: Fraunhofer CML, Container xChange

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