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What happens to the cargo when it becomes unclaimed?

by Samantha Greene / Oct 11, 2022 / 5m

People who are not very well acquainted with the cargo shipping process usually think the only reason for somebody to refuse a full container of goods is that the goods are of bad quality, spoiled or damaged.

In many instances this is not the case. There are numerous reasons why a perfectly fine cargo can become abandoned even when the buyer has already paid for the goods.

 Let’s name just a few:

 ·       Seasonal cargo arriving late

·        Buyer’s company going bankrupt

·        Demurrage charges exceeding the cost of goods

·        Unfair business practices, etc.

As a result of these and other unfortunate events, the cargo ends up idling in the port for months and even years. But it can’t stay there forever.