The 2-Minute Rule for 106. On-demand guarantee enforcement conditions
A demurrage cost in dry bulk shipping is usually a price imposed about the charterer when the process of loading or unloading cargo at a port usually takes more time than the agreed-on time, called laytime.600 (UCP 600. The UCP is really a list of contractual rules that happen to be often incorporated by Convey agreement right into a documentary cr