Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
P&I / InsuranceGard·over 4 years ago

The Eternal Bliss – Appellate decision clarifies the meaning of demurrage | Gard's Insights

Gard

**Updated 15 September 2022** When negotiating a voyage charterparty the parties may not give much thought to the precise legal meaning of the word “demurrage”. If pressed to explain what it covers, one party might say “*it's payment for time used by the charterer after laytime has finished*”.