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Demurrage: Difference between revisions
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Shipping talk. A form of [[liquidated damages]] payable by a ship charterer to the owner of a chartered ship on failure to load or discharge the ship within the time agreed. If you are late paying it, you can't claim damages, because you can't claim {{tag|damages}} on {{tag|damages}}: So sayeth Lord Brandon in [[the Lips|the famous flaming Lips]]. | Shipping talk. A form of [[liquidated damages]] payable by a ship charterer to the owner of a chartered ship on failure to load or discharge the ship within the time agreed. If you are late paying it, you can't claim damages, because you can't claim {{tag|damages}} on {{tag|damages}}: So sayeth Lord Brandon in [[the Lips|the famous flaming Lips]]. | ||
{{ | {{sa}} | ||
*[[Liquidated damages]] | *[[Liquidated damages]] | ||
*{{casenote|President of India|Lips Maritime Corporation}} | *{{casenote|President of India|Lips Maritime Corporation}} | ||