Malaysia, Perak, Port of Lumut - Local holidays and working hours 2018
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Demurrage forms an integrated part of the laytime provisions in voyage charter parties operating with fixed laytime. Just as voyage freight, the amount of demurrage negotiated reflects the current market conditions and not necessarily the daily cost of the vessel. This means that it is just as impor... Please follow the link to continue reading.
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MEMBER CONTENT – login using the orange button at the top of the page to view.
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