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cargo


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N.

Goods, other than the personal luggage of passengers, carried by a ship or aircraft. Normally (but not necessarily in relation to insurance) “cargo” denotes the whole of a ship's loading. Under a ship's charterparty, the freight payable to the shipowner is normally calculated at a rate per tonne of cargo. Unless otherwise agreed, the duty of the charterer is to provide a full and complete cargo: if he fails to do this, he is liable for damages known as dead freight.

From:  cargo  in  A Dictionary of Law »

Subjects: Law.


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