The 2-Minute Rule for 106. On-demand guarantee enforcement conditions
A demurrage charge in dry bulk shipping can be a payment imposed over the charterer once the process of loading or unloading cargo at a port can take extended than the agreed-upon time, called laytime.Demurrage and detention can show very high-priced. There happen to be situations where shippers have paid out more than 20 occasions the value of a c