Veconinter, CA

Veconinter, CA

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Abstract

During the late 1980s, while Leonardo Brea was working in New York City for a Venezuelan Maritime Shipping Carrier in an administrative management position, he had an idea that even his closest friends and colleagues said was laughable. Leonardo envisioned that his idea would drastically change how demurrage would be handled within the marine shipping industry and, to date, it has. Today, Leonardo’s concept has nearly revolutionized the Latin American marine shipping industry such that demurrage and detention (D&D) is now an important source of added revenue for shipping carriers rather than just a commercial tool to gain clients. It often determines whether the operations for a carrier are profitable or not.

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