I'd like to know which is the international standard banking practice about demurrage charges on bill of lading.
Thanks and rgds
Demurrage
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picant
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Demurrage
Hi Pal,
Art 26 UCP 600 is speaking about the additional charges in a transport document, but it refers to specific additional charges that someone has to pay. Demurrage are costs not showed in a bill of lading, may be you refer to the ontainer demurrage that some carrier/shipping line indicated in their bill of lading. but they refer to eventual delay in delivery of the empty container. I think that demurrage costs and other expenses or allowances; Despatch money, time saved/time lost sheet etc, are a freight problem outside an l/c.
Other comments appreciated
Ciao
Art 26 UCP 600 is speaking about the additional charges in a transport document, but it refers to specific additional charges that someone has to pay. Demurrage are costs not showed in a bill of lading, may be you refer to the ontainer demurrage that some carrier/shipping line indicated in their bill of lading. but they refer to eventual delay in delivery of the empty container. I think that demurrage costs and other expenses or allowances; Despatch money, time saved/time lost sheet etc, are a freight problem outside an l/c.
Other comments appreciated
Ciao