- "
Demurrage" /dɪˈmʌrɪdʒ/ in
vessel chartering is the
period when the
charterer remained in
possession of the
vessel after the
period normally allowed to...
-
Demurrage is the cost ****ociated with
owning or
holding currency over a
given period. It is
sometimes referred to as a
carrying cost of money. For commodity...
- euro and
favors local small businesses,
stimulating transactions through demurrage. Express-Money:
Example for a
complementary currency on a
national level...
-
ensure that the
money is
returned into the cash flow – for example, by
demurrage –
requiring stamps to be
purchased and
periodically attached to the money...
- charter-parties.
Other terms are
relevant here:
demurrage, dead freight, and cesser,
which are
described below.
Demurrage is a
fixed sum per day or per hour that...
- ****essment of
hazardous and
awkward materials,
carrier choice and fees,
demurrage, do****entation, expediting,
freight consolidation, insurance, reconsignment...
- and
unloading the cargo. If
laytime is exceeded, the
charterer must pay
demurrage. If
laytime is saved, the
charter party may
require the
shipowner to pay...
-
chronological order and is used for the
calculation of the lay time and
demurrage. The
Statement of
Facts may aid in the
resolution of
conflicts by providing...
-
agreed period of laytime. If the
charterer exceeds the
allowed laytime,
demurrage becomes payable. In a
voyage charter, the
route is pre-arranged and the...
-
cargo carried. If the
laytime were exceeded, the
charterers were to pay
demurrage of $1000 per day.
Serious delays occurred because the
charterers had difficulty...