Common use of DEAD FREIGHT Clause in Contracts

DEAD FREIGHT. 26.1 The Customer shall be liable for the full cost of any services rendered and/or disbursements, expenses, damages, fines or penalties incurred by the Company in respect of: 26.1.1 any dead freight as a result of a booking cancelled by the Customer; or 26.1.2 Goods which are loaded on board a vessel, irrespective of whether the vessel sails or if the Goods are, or must be, transhipped.

Appears in 1 contract

Sources: Standard Trading Terms and Conditions Agreement

DEAD FREIGHT. 26.1 The Customer shall be liable for the full cost of any services rendered and/or disbursements, expenses, damages, fines or penalties incurred by the Company in respect of: 26.1.1 of any dead freight as a result of a booking cancelled by the Customer; or 26.1.2 Goods which are loaded on board a vessel, irrespective of whether the vessel sails or if the Goods are, or must be, transhipped.

Appears in 1 contract

Sources: Standard Trading Terms and Conditions Agreement