demurrage


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de·mur·rage

 (dĭ-mûr′ĭj, -mŭr′-)
n.
1. Detention of a ship, freight car, or other cargo conveyance during loading or unloading beyond the scheduled time of departure.
2. Compensation paid for such detention.

demurrage

(dɪˈmʌrɪdʒ)
n
1. (Nautical Terms) the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure
2. (Railways) the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure
3. (Commerce) the extra charge required as compensation for such delay
4. (Banking & Finance) a fee charged by the Bank of England for changing bullion into notes
[C17: from Old French demorage, demourage; see demur]

de•mur•rage

(dɪˈmɜr ɪdʒ)

n.
1. the detention, as of a ship, beyond the scheduled departure time.
2. a charge for this.
[1635–45]

demurrage

1. the delay of a ship at mooring beyond the time stipulated for unloading or other purposes.
2. the charge levied for such delay.
See also: Ships
the charge levied for the delay of a ship at mooring beyond the time stipulated for unloading or other purposes.
See also: Dues and Payment
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.demurrage - a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
charge - the price charged for some article or service; "the admission charge"
2.demurrage - detention of a ship or freight car or other cargo beyond its scheduled time of departure
delay, holdup - the act of delaying; inactivity resulting in something being put off until a later time
Translations

demurrage

[dɪˈmʌrɪdʒ] N (Naut) → estadía f (Comm) → sobrestadía f

demurrage

n (Comm: = charge) → (Über)liegegeld nt; (= time)Überliegezeit f

demurrage

[dɪˈmʌrɪdʒ] n (Comm) → controstallia
References in classic literature ?
It is true, I agreed to be allowed twelve days here, and if I stay more, I must pay three pounds sterling per diem demurrage; nor can I stay upon demurrage above eight days more, and I have been here thirteen already; so that I am perfectly unable to engage in this work unless I would suffer myself to be left behind here again; in which case, if this single ship should miscarry in any part of her voyage, I should be just in the same condition that I was left in here at first, and from which I have been so wonderfully delivered.
His vo cal arrangements blared after me a few threats of coming down on the ship for the demurrage of the lighters, and all the other expenses consequent upon the delays arising from my frivolity.
KARACHI -- Ever since the government rolled back the changes to the rules for clearing of imported used cars on February 23, 2018, a new dispute has emerged between customs clearing agents and terminal operators over the huge demurrage charges that have been incurred during the 141 days as more than 10,000 vehicles remained stranded at the port.
LAHORE -- A new issue has emerged between the customs clearing officials and terminal operators over demurrage charges that have been incurred during the 141 days when more than 10,000 cars remained stranded at the port, reported a private news outlet.
Differential treatment by Pakistani authorities, longer clearance time at the port, high demurrage charges, and issues related to transit guarantees in Pakistan are some factors which make transit via Iran more attractive.
Tenders are invited for For providing door to door delivery service of import / export consignments to and from iitg on demurrage nil basis
APM Terminals and Shipping Agencies Officials announced their fullest support to President George Weah's Pro-Poor Government policy and consented to waive the storage and demurrage charges at the close of two separate meetings with the Management of the National Port Authority.
Car importers must contend after all with punishing demurrage and other charges that accumulate otherwise.
It is because of the bad state of the ports access roads, which has resulted in huge demurrage payments, that has forced some importers to take their cargoes to neighbouring ports.
Byco has virtually no vessel waiting time and as a result, with larger sized vessels, saves hundreds of millions of rupees on freight and demurrage costs, an advantage which all other refineries and OMCs lack.
In addition, companies have to pay demurrage charges at the port for transit goods that have not been cleared due to conditions beyond the control of traders, such as labour strikes and delays in transport by the rail operator - Container Corporation of India (CONCOR)," says the report.
A significant amount of demurrage was subsequently incurred, which was passed on to the broker and ultimately reimbursed by ITIC.