demurrage
1
9.9
A fee charged when people keep a ship or container longer than the agreed time for loading and unloading
- noun
- /dɪˈmɜːrɪdʒ/
- Specialized
:
demora
- To avoid demurrage, the team ensured all goods were loaded and unloaded as scheduled.
Examples
-
When the container ship was delayed due to bad weather, it incurred extra demurrage costs.
-
I heard demurrage mentioned in a previous post here, but that is at best a single component of a viable economic arrangement.
Blog text (16) -
The shipping company charged a demurrage fee after the cargo was not unloaded on time.
How Costly
forfeiture
7
8.0
- Specialized
7
8.0
penalty
575
2.5
575
2.5
demurrage
1
9.9
- Specialized
1
9.9
surcharge
23
5.5
23
5.5
fee
806
1.0
806
1.0
Surface Forms
demurrage singular
demurrages plural
Morphology
Etymology
Demurrage comes from an old verb demur meaning 'to stay' or 'to delay'. So demurrage is a fee for letting a ship or container 'stay' at the port too long.