Laytime and Demurrage
Page 1
CHAPTER 1
General principles
General principles
1.1 Laytime and demurrage comprise one aspect of English maritime law, in particular the law relating to voyage charters. The present law has for the most part been developed by judicial interpretation of clauses in commercial charterpar-ties over the last 150 years, although some of the basic principles were established somewhat earlier, at around the time that Queen Victoria came to the throne.