Two Percent In Lieu Of Weighing

Two Percent In Lieu Of Weighing

Summary of Two Percent In Lieu Of Weighing

A common provision in coal charter parties that the consignee may pay freight on the quantity actually discharged from the vessel as determined by weighing or on the amount manifested, at consignee's option. The option must be exercised prior to actual commencement of unloading.

(Main Author: William J. Miller)


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