Friday, April 10, 2020

India charterers use force majeure to avoid demurrage


http://www.tankeroperator.com/ViewNews.aspx?NewsID=11499

Indian charterers are citing force majeure to avoid paying demurrage charges for delays in berthing, loading and unloading due to coronavirus, according to The Hindu Business Line.
 
"Ship owners may shun India trade to avoid losses from demurrage denials, potentially disrupting the supply chain of essential imports into the country," it says.

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