Disputes over Demurrage and Dispatch

Disputes over demurrage and dispatch in charter party agreements arise when there are disagreements about delays in loading or unloading a ship. Demurrage refers to fees charged by the shipowner when the cargo takes longer than agreed, causing the ship to be idle. Conversely, dispatch is a reward for the charterer if the loading or unloading happens faster than planned. These disputes typically occur regarding the calculation of time and fees, often leading to claims and negotiations between shipowners and charterers to settle financial responsibilities tied to the ship's punctuality.