Estadia

Definition of Estadia

In Spanish law, delay in a voyage, or in the delivery of cargo, caused by the charterer or consignee, for which demurrage is payable. The time for which the party who has chartered a vessel, or is bound to receive the cargo, has to pay demurrage on account of his delay in the execution of the contract.

That's the definition of Estadia in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.

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