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Pasha Bulker 243 - Independent investigation into the grounding of ...

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• Almost all <strong>of</strong> <strong>the</strong> coal shipped from Newcastle is under Free On Board terms<br />

but demurrage costs, under ano<strong>the</strong>r agreement, are also paid by <strong>the</strong> coal<br />

producers. Hence, a reduction in <strong>the</strong> ship queue can benefit <strong>the</strong> producers<br />

through reduced demurrage while enhancing maritime safety at <strong>the</strong> same time.<br />

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