Dead Freight definition

Dead Freight means 90% of the quantity by weight of the Department’s declared cargo minus the quantity of cargo shipped by weight including any space available cargo on the date of sailing. Such dead freight is payable by the Department on a weight basis at 80% of the Northbound Rate.
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Dead Freight means a charge at the rate specified in Schedule A on the difference between actual volume loaded and minimum volume ordered when actual volume is less than minimum volume ordered.
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Dead Freight means the freight payable on the quantity of Iron Ore not loaded up to a Vessel’s Practical Loaded Capacity as determined under Clause 12.8(d).
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Examples of Dead Freight in a sentence

  • In the event that the Buyer does wish to so reduce its purchases the Seller will use its reasonable endeavours to mitigate the Dead Freight charges which would be payable by the Buyer to the Seller in respect of any Dead Freight Events during or around the Works period and will also liaise with the Buyer to assist the Seller in reducing Dead Freight.

  • Seller acknowledges and agrees that any such reduction related to the Works is not a breach of this Deed and Buyer will not be liable to Seller for any cost, expense, loss (including loss of profits) or damage suffered by Seller as a result of Buyer reducing its level of purchases, but will be liable for Dead Freight that is not mitigated by Seller in accordance with this Deed.

  • At its election, Hess may order the ▇▇▇▇▇ded Vessel to depart the Terminal where it is taking on barrels with less than the originally nominated quantity of barrels for delivery, in which event Hess shall remain responsible for payment of the applicable Dead Freight.

  • If the Buyer elects not to take such additional Iron Ore, the Buyer will not have to pay any Dead Freight on the Shipments that would have carried the tonnage in excess of the Maximum Tonnage.

  • Man will use its commercially reasonable efforts to minimize the total Dead Freight Surcharge payable by Westway.

  • At its election, Hess may order the Provided Vessel to depart the Terminal where it is taking on barrels with less than the originally nominated quantity of barrels for delivery, in which event Hess shall remain responsible for payment of the applicable Dead Freight.

  • Dead Freight - Freight charges paid by the charterer of a vessel for the contracted space which is left partially unoccupied.

  • Dead Freight shall be payable by Hess on the same terms and conditions as though actually transported.

Related to Dead Freight

  • Freight means the remuneration payable to the carrier for the carriage of goods under a contract of carriage.

  • Freight Forwarder means that term as defined in 49 USC 13102.

  • Maritime cargo handling services means activities exercised by stevedore companies, including terminal operators, but not including the direct activities of dockers, when this workforce is organised independently of the stevedoring or terminal operator companies. The activities covered include the organisation and supervision of:

  • Drop shipment means the sale of a prescription drug to a

  • Host At Destination means the person with whom the Insured is sharing prearranged overnight accommodations in the host's home.