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Demurrage relates to detaining (detention of) a ship (or sometimes other cargo hauling vehicles) beyond the time allowed for loading or unloading. There may be a cost penalty for doing so.

"Exposure" here means exposure to risk or liability. "Where their exposure lies" refers to theirmeans "what are the potential sources of risk or liabilityliability" related to, or stemming from, demuurrage and detention.

Demurrage relates to detaining (detention of) a ship (or sometimes other cargo hauling vehicles) beyond the time allowed for loading or unloading. There may be a cost penalty for doing so.

"Exposure" here means exposure to risk or liability. "Where their exposure lies" refers to their potential sources of risk or liability related to, or stemming from, demuurrage and detention.

Demurrage relates to detaining (detention of) a ship (or sometimes other cargo hauling vehicles) beyond the time allowed for loading or unloading. There may be a cost penalty for doing so.

"Exposure" here means exposure to risk or liability. "Where their exposure lies" means "what are the potential sources of risk or liability" related to, or stemming from, demuurrage and detention.

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source | link

Demurrage relates to detaining (detention of) a ship (or sometimes other cargo hauling vehicles) beyond the time allowed for loading or unloading. There may be a cost penalty for doing so.

"Exposure" here means exposure to risk or liability. "Where their exposure lies" refers to their potential sources of risk or liability related to, or stemming from, demuurrage and detention.