standfrei
| 09:35 Apr 11, 2018 |
| German to English translations [PRO] Bus/Financial - Transport / Transportation / Shipping / Road haulage | |||||||
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| 5 | free of demurrage (charges) |
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| Discussion entries: 6 | |
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Answers
5 hrs confidence: 
free of demurrage (charges) Explanation: The term "demurrage" /dɪˈmɜːrɪdʒ/ from Old French demeurage, from demeurer - to linger, tarry - originated in vessel chartering and referred to the period when the charterer remained in possession of the vessel after the period normally allowed to load and unload cargo (laytime). By extension, demurrage refers to the charges that the charterer pays to the ship owner for its delayed operations of loading/unloading.[1] Officially, demurrage is a form of liquidated damages for breaching the laytime as a it is stated in the governing contract (the charter party). The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. https://en.wikipedia.org/wiki/Demurrage#cite_note-clau7-1 Demurrage oder Demourage (deutsch Liegegeld) ist in der Seeschifffahrt die Vergütung des Befrachters an den Verfrachter, wenn die in der Charterpartie vereinbarte Lade- oder Löschzeit eines Frachtschiffes überschritten wird. https://de.wikipedia.org/wiki/Demurrage_(Seefahrt) 22. A commission of 2 1/2 per cent. on the amount of Freight, Dead Freight and Demurrage is due by the Vessel and Owners on shipment of cargo to Messr. B. Rotterdam and P. Hamburg, for equal division. https://www.jurion.de/urteile/bgh/1956-04-17/i-zr-184_54/ Demurrage claims in particular are often a source of frustration and are time consuming with the need to maintain the pressure on charterers to consider the claims as soon as possible. https://www.intertanko.com/Topics/Legal-and-Documentary-/INT... Charterers shall also remain responsible for freight and demurrage (including damages for detention) incurred at port of discharge, but only to such extent as the Owners have been unable to obtain payment thereof by exercising the lien on the cargo. https://www.google.de/search?as_qdr=all&biw=948&bih=708&ei=t... Import demurrage charges Container type Days free of demurrage Charge 20' per day 40' per day https://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd... (vi). "Free period" shall mean the period during which cargo / container shall be allowed storage free of demurrage charges / ground rent and this period shall exclude Customs holidays and Port’s non-operating days. https://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd... When the loading of cargo into a vessel is prevented by any factor immobilizing the pier ... or work stoppage of longshoremen or personnel employed by the terminal operator or water carrier, cargo affected thereby shall be granted additional time free of demurrage to Cover the delay if the cargo is on free time or consolidation time when such condition arises. If cargo is on demurrage charges, first period charges shall be assessed against such cargo. https://books.google.de/books?id=j9R__9D5RHMC&pg=PA923&lpg=P... 1. DEFINITIONS A. FREE TIME – The specified period during which cargo may occupy space assigned to it on a terminal facility free of demurrage immediately prior to the loading of such cargo on the vessel. B. DEMURRAGE – A charge assessed against the cargo remaining in or on terminal facilities after the expiration of free time. 2. FREE TIME PERIOD A. Free time on export cargo shall not be more than five (5) days (exclusive of Saturdays, Sundays and non worked ILA holidays). https://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd... (xii). “Free period” shall mean the period during which cargo/container shall be allowed storage free of demurrage charges and this period shall exclude Sunday(s), customs holidays and Port’s nonworkingdays. https://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd... |
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