I'd like to know which is the international standard banking practice about demurrage charges on bill of lading.
Thanks and rgds
Demurrage
- picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
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