Demurrage: Delay and loss of time – Part 1 [Article]
The word “demurrage” is well known amongst maritime industry players. In the Law of Demurrage, 5th Edition 2013, Tiberg, the authors define the term demurrage as being...
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The word “demurrage” is well known amongst maritime industry players. In the Law of Demurrage, 5th Edition 2013, Tiberg, the authors define the term demurrage as being...
In Part 1, we stated that if the charterer goes beyond the laytime it is a breach of the charter party and the party in breach shall be liable to pay damages for such a breach...