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Not known Facts About 151. Advance payment bond vs performance bond

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Nevertheless, this state of affairs is fairly uncommon, as demurrage charges are generally related to cargo dealing with delays. Demurrage isn't relevant if the shipowner is at fault, for example during a ship breakdown, because the proprietor should not benefit from their breach of contract. Standard exceptions clauses typically don't https://eduardogiiii.ampedpages.com/85-pre-export-finance-calculation-formula-things-to-know-before-you-buy-61895016

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