Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
contract demurrage
A demurrage paid by a vessel's charterer if the time to unload the vessel at port takes longer than that agreed upon in the charterer's contract with the shipowner. Cf. DISPATCH MONEY. "The contract may also provide that if ... the loading time exceeds that fixed by the charter, the charterer will pay a liquidated compensation termed 'contract demurrage.'" Frank L. Maraist, Admiralty in a Nutshell 56 (2d ed. 1988).
demurrage
(usu. pl.) Maritime law. A liquidated penalty owed by a charterer to a shipowner for the charterer's failure to load or unload cargo by a certain time.
demurrage lien
A carrier's lien on goods for any unpaid demurrage charges. See DEMURRAGE.
noncontract demurrage
See DEMURRAGE.