ESTADIA

ESTADIA

estadia (es-tah-dee-ah), n. [Spanish] Spanish law.

1. A delay in a voyage, or in the delivery of cargo, caused by the charterer or consignee, who becomes liable for demurrage.

2. The time for which the party who has chartered a vessel, or is bound to receive the cargo, must pay demurrage because of a delay in performing the contract. ¡ª Also termed sobrestad¨ªa (soh-bray-stah-dee-ah).


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