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Literary notes about Demurrage (AI summary)

The term "demurrage" in the literary excerpts provided is employed in a maritime context to describe financial liabilities incurred when there is an undue delay in the release of a ship. In one instance, it appears alongside the concept of "dead-freight" to denote specific claims or liens that do not extend to delays in vessel usage, as seen in [1]. In another example [2], the term is defined more directly as the monetary penalty imposed for the extended detention of a ship, emphasizing the legal and financial repercussions for failing to adhere to agreed-upon timeframes. Together, these examples highlight the specialized legal and economic dimensions of "demurrage" in shipping literature.
  1. Nor has he any lien for dead-freight or demurrage.
    — from The New Gresham Encyclopedia. A to Amide by Various
  2. Failure entails liability in damages—known as demurrage —for undue detention of the ship.
    — from The New Gresham Encyclopedia. A to Amide by Various

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