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Veconinter, CA / Gregory Stoller, Jeremy Bass.

By: Contributor(s): Material type: TextSeries: Publisher: London : SAGE Publications Ltd, 2017Description: 1 online resource : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781506378602 (ebook) :
Subject(s): DDC classification:
  • 346.8078
Online resources: 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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Originally published in Hisrich, R. (2015). Veconinter, CA. International entrepreneurship: Starting, developing, and managing a global venture (3rd ed., pp. 391412). Thousand Oaks, CA: SAGE Publications, Inc. Print. ISBN: 9781483344393.

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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