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Which charterparty is being incorporated into a bill of lading • It is important to identify exactly which charterparty the bill of lading has incorporated, as some of the terms of the charterparty will apply to the bill of lading.• A charterparty is incorporated into a bill of lading by way of reference in the…
General Principles (a) Freight No discussion on the subject of demurrage would be complete without a few words on the subject of freight. Freight is the return to the shipowner for undertaking the voyage requested by the voyage charterer. Freight can be contrasted with hire, which is the return paid to the shipowner by the time…