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12
Demurrage
The money payable to the shipowner for delay for which he is not responsible in loading and/or discharging beyond the laytime.
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Source: Maritime Economics, 3rd edition, page 176
Source: Maritime Economics, 3rd edition, page 176
Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009