Glossary
Demurrage
Money a charterer pays the owner for keeping the ship beyond the agreed laytime, usually a daily rate set in the charter party. Demurrage claims rely on the statement of facts and the laytime calculation.
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Glossary
Money a charterer pays the owner for keeping the ship beyond the agreed laytime, usually a daily rate set in the charter party. Demurrage claims rely on the statement of facts and the laytime calculation.
Related terms
Keep going