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Demurrage is term used by the shipping and other services
to indicate the surcharge charged on the delayed goods.
This demurrage Freight bond has application in variety
of fields. For industries which sold items on the rented
containers, these demurrage freight bonds are used for
free rental container given for a specified period.
This bond is an important bond type which is commonly
used by railway or steam ship line. This bond covers
payment of demurrage charges on railroad or steamship
line. The demurrage freight bond is used by many fields
like shipping, railway, banking, business and foreign
exchange.
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