Penalty imposed by a ship owner for exceeding the period charter is? by Sunday | Jul 22 | Commerce WAEC | 0 comments A. lump sum B. dock dues C. tariff D. demurrage E. dead frieght Correct Answer: Option D – demurrage Users Also Read These:The charge paid to a ship owner for the unused part…The cost which is incurred as a result of failure to…Article 3 of the North Atlantic Charter of 1941…A document of title to goods written by the ship…A ship travelling towards a cliff receives the echo…