Press Release
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Nov 6, 2023 - CyberLogitec, the leading provider of maritime,
port/terminal, and logistics operations technologies and a subsidiary of EUSU
Holdings, announced in Nov 2023 that SaaS-based OPUS D&D (Demurrage &
Detention) had been implemented in Yusen Logistics.
Yusen Logistics launched OPUS D&D service mainly in UK regions in
April 2022, expanding the service to 19 countries, including the US, Europe,
and China. Also, the expansion plan for the Southeast Asia region is scheduled.
OPUS D&D has been introduced as per the needs of the independent system,
which is capable of monitoring the Last Free Date before Free Time expiration and
cost management in container DEM/DET.
OPUS D&D provides the management in container DEM/DET
(Demurrage/Detention) for 3PL company. Most 3PL companies need help with cost
management since DEM/DET cost is manually calculated. Systemic management in
DEM/DET is complex because DEM/DET is calculated based on the information of
complex charging structure in each shipping liner and region-wise and holiday. Moreover,
it requires separate management for exceptions as, in many cases, free time is
calculated by applying its freight contract condition for each shipping liner
and shipper.
In collaboration with Yusen Logistics, one of the Top 20 3PL companies in
the world, CyberLogitec developed and released OPUS D&D capable of
interfacing with the 3PL Logistics system utilizing its own DEM/DET function,
which is developed based on over 20 years of maritime business knowledge for
container shipping. OPUS D&D provides container-wise Free time monitoring that
interfaces with customers’ legacy operation system, advance confirmation of
charge effective date, and calculation and verification of DEM/DET cost.
“OPUS D&D is a stable, scalable,
and efficient independent cloud-based solution that offers an easy interface to
the legacy system. DEM/DET cost, as per port pileup and disruption in the logistics
network, DEM/DET cost has been a major issue for shipping liners and 3PL
companies. We expect that many logistics companies, including Yusen Logistics’
successful implementation of OPUS D&D, could meet the operating cost reduction
and efficient DEM/DET management by OPUS D&D.”, said Sung Jun Kim, Vice
President of CyberLogitec.