Ince unveils InceDemurrage for the maritime sector

The Ince Group has unveiled its new InceDemurrage advisory service for demurrage claims, in collaboration with the Demurrage Desk.

The company announced the venture as a “one-stop demurrage solution” for clients in the maritime sector.

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InceDemurrage is reportedly an integrated expert demurrage and laytime advice and insights service.

The venture marks the third combined law, consultancy and technology service launched by Ince tailored for the maritime sector.

The company said the service aimed to capitalise on Demurrage Desk’s state-of-the-art technology for completely digitalised demurrage, laytime tracking and calculation, alongside Ince’s expertise in demurrage legal issues.

Ince said the service is currently working towards the development of advanced integrated solutions and involving market-leading Blockchain technology in the streamlining of the demurrage process.

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The service will be aimed at ship owners, vessel operators, charterers, traders, P&I Clubs and alternative entities which work in laytime and demurrage.

“The service represents a new benchmark in the way that laytime calculations and demurrage claims are tracked, processed, and disputed, and elevates demurrage processes to a higher standard in line with industry best practice,” said Ince Global Senior Partner Julian Clark.

“Against the continued digitalisation of the maritime sector, shipping companies can no longer afford to track and process demurrage and laytime without the necessary levels of structure, accuracy, and sophistication.”

“InceDemurrage addresses our industry’s need to optimise, professionalise and modernise despatch, demurrage and laytime processes, reclaiming the importance of these in the wider context of shipping operations.”

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