C Demurrage offers no-win, no-fee claims settlement, as well as factoring of demurrage claims.
Where factoring is required, shipowners/operators register their vessels with us, paying low annual fees per vessel. The fees are competitive with the added value of providing payment for approved claims, with no minimum claim size amount and without limit as to the number of claims per year.
For charterers, trading companies, suppliers, etc the annual fee will cover demurrage claims incurred for a fixed number of shipments.
If demurrage is incurred and submitted to C Demurrage as agreed immediately after the completion of the voyage, payment can be made to the Client of up to 80% of the assessed value of the demurrage claim within 30 days. From this point the risk passes to us and if arbitration is required, that will be paid for by us.
For claims not suited to factoring, we offer competitive terms for settling claims on a no-win, no-fee basis, we have a good record of collecting claims from counter-parties around the world.
Speedy conversion of demurrage claims to cash; improves cash-flow and releases working capital to sustain core business.
Protection of bottom line by removing unwarranted settlement discounts for claims.
Allows Clients to spend less time chasing payments and more time chasing new business.