Tag Archives: Demurrage

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    19 May, 2026
    The Right of Lien on Cargo: The Ultimate Shipowner’s Shield Under English Law
    Chartering Knowledge, Dry Bulk Shipping, Drybulk, English Law, Maritime Law, Shipping Terms , , , , , , , ,

    In the fast-paced theatre of global dry bulk shipping, cash flow is the lifeblood of any operation. Contracts are built on trust, but they are secured by ironclad legal mechanisms. When a charterer or cargo interest decides to delay payments—whether

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    30 Apr, 2026
    When a “Valid” NOR Fails: The Hidden Limits of WIPON, WIBON and WCCON
    Case Analysis, Case Studies, Chartering Insights, Maritime Law , , , , , ,

    In chartering, certain clauses are assumed to “solve” operational constraints. WIPON.WIBON.WCCON. Together, they are often treated as a complete protection package for owners. But there are scenarios where even a Notice of Readiness (NOR) — tendered correctly and accepted without

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    28 Apr, 2026
    SSHEX vs SSHINC: The Small Clause That Quietly Changes Voyage Economics
    Chartering Insights, Maritime Contracts, Maritime Operations, Shipping Operation , , , , , , ,

    In shipping contracts, some clauses look minor. They are often accepted without discussion. But their impact can extend across the entire voyage. One of the most underestimated examples: SSHEX vs SSHINC. What Do They Mean? These terms are commonly defined

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    23 Apr, 2026
    The Cargo That Was Never Ready: A Hidden Risk in Chartering
    Case Studies, Chartering Insights, Chartering Strategy, Shipping Strategy, Strategy , , , , , ,

    In shipping, some of the most expensive problems are not visible. They are not written in the fixture recap.They are not stated in emails.They are not formally declared. But they are there. And they shape the entire operation. The Scenario

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    21 Apr, 2026
    Why “Free Time” Is Rarely Free in Shipping
    Chartering Knowledge, Maritime Operations, Shipping Insights , , , , , ,

    In chartering, certain terms appear straightforward. “Free time” is one of them. At face value, it suggests flexibility — a buffer before costs begin to accrue. But in practice, free time is rarely neutral. And often, it is not truly

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    16 Apr, 2026
    Early Arrival, Early NOR — But Does Time Actually Start?
    Chartering Knowledge, Maritime Law, Maritime Operations , , , , , , ,

    In chartering, timing is not just operational. It is contractual. And sometimes, the most critical disputes arise not from delays — But from arriving too early. The Scenario A vessel is fixed under standard dry bulk terms: The vessel performs

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    14 Apr, 2026
    Notice of Readiness (NOR): The Small Document That Controls Big Money
    Chartering Knowledge, Maritime Operations, Shipping Insights , , , , , , , ,

    In shipping, timing is everything. And often, that timing depends on a single document: The Notice of Readiness (NOR). It may appear routine.It is anything but. What Is a Notice of Readiness (NOR)? A Notice of Readiness (NOR) is the

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