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What is an example of a contractual lien in shipping?

A lien created by a Lien Clause in a charter party, e. g. in the OREVOY charter party: “The Owners shall have a lien on the cargo for all freight, deadfreight, demurrage and damages for detention,” (Whereas the lien for freight is a common law lien, the liens for Deadfreight, demurrage and damages for detention must be inserted into the contract in express terms.)

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Written by Ship Inspection

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