READ TIME:
2 min
Current Situation at Constanța South Port
Modernization of quay crane rails is underway, aiming to improve the port's capacity and efficiency. However, during construction, reduced operational capacity is slowing cargo processing, leading to delays and extra costs for businesses.
Key Costs Affected
1. Storage Costs
What: Fees for leaving containers in the terminal beyond free time.
Why Now: Slower operations mean containers stay longer in the port.
How Much: Starts at a few euros per day, increasing over time.
2.Demurrage Costs
What: Charges for not picking up containers on time after unloading.
Why Now: Delays in cargo handling and transport.
How Much: €50-100 per day per container after 3-7 free days.
3.Detention Costs
What: Fees for not returning empty containers within the allowed timeframe.
Why Now: Delays in pickup and drop-off operations.
How Much: €50-75 per day per container after 7-14 free days.
Why It Matters
Combined, these costs can quickly add up, creating significant financial pressure for importers, exporters, and freight forwarders.
Recommendations to Reduce Impact
· Stay updated on construction schedules.
· Use nearby ports or alternative transport routes.
· Coordinate with logistics partners and monitor container status closely.
By staying proactive and flexible, businesses can navigate the temporary challenges while the port works towards long-term efficiency improvements.
AUTHOR:
Newsletter Team