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Tag: demurrage

Demurrage

November 30, 2016 by: Content Team

Demurrage is a term that is used in the specific branch of the law that deals with the sea, or “maritime law.” Demurrage refers to the damages that are payable to the owner of a ship, to make up for lost time when his ship is not returned to service on the date it was supposed to be. Demurrage is […]

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