A. interest
B. tariff
C. demurrage
D. commission
Correct Answer: Option A
Explanation
Demurrage is a charge payable to the owner of a chartered ship on failure to load or discharge the ship within the time agreed.
A. interest
B. tariff
C. demurrage
D. commission
Correct Answer: Option A
Explanation
Demurrage is a charge payable to the owner of a chartered ship on failure to load or discharge the ship within the time agreed.
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