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2. Demurrage - Wikipedia

   en.wikipedia.org/wiki/Demurrage

   Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract (the charter party). The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. [3] The demurrage fee is often a daily amount agreed between charterers and ship owners.

3. Chartering (shipping) - Wikipedia

   en.wikipedia.org/wiki/Chartering_(shipping)

   The payment for the use of the vessel is known as freight. A voyage charter specifies a period, known as laytime, for loading and unloading the cargo. If laytime is exceeded, the charterer must pay demurrage. If laytime is saved, the charter party may require the shipowner to pay despatch to the charterer. [1]

4. Demurrage (currency) - Wikipedia

   en.wikipedia.org/wiki/Demurrage_(currency)

   Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is the cost of storing and securing the gold. For paper currency, it can take the form of a periodic tax, such as a stamp tax, on currency holdings

5. Charterparty - Wikipedia

   en.wikipedia.org/wiki/Charterparty

   Such an incorporation is valid and enforceable even without the issuance of a bill of lading. In the reverse case, if a carrier issues a third-party shipper with a bill of lading that incorporates charterparty terms, the shipper/cargo-owner would not be liable for fees such as demurrage, which are payable only by a charter.

6. FOB (shipping) - Wikipedia

   en.wikipedia.org/wiki/FOB_(shipping)

   For example, a person in Miami purchasing equipment from a manufacturer in Chicago could receive a price quote of "$5000 FOB Chicago", which would indicate that the buyer would be responsible for the shipping from Chicago to Miami. If the same seller issued a price quote of "$5000 FOB Miami", then the seller would cover shipping to the buyer's ...

7. Trump picks his defense lawyers for top Justice Department posts

   www.aol.com/news/trump-picks-attorney-todd...

   WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Thursday picked three members of his criminal defense team, including lead attorney Todd Blanche, to serve in senior roles at the Justice ...