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 ?
Almost each morning a letter from my owners would arrive, directing me to go to the charterers and clamour for the ship's cargo; to threaten them with the heaviest penalties of demurrage; to demand that this assortment of varied merchandise, set fast in a landscape of ice and windmills somewhere up-country, should be put on rail instantly, and fed up to the ship in regular quantities every day.
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." He owned the case was very hard upon me as to my voyage; but laid it home upon my conscience whether the blessing of saving thirty-seven souls was not worth venturing all I had in the world for.
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.
Responding to the allegations, Maersk Pakistan told The Express Tribune that demurrage was collected when containers were still full and under the control of the shipping line.
"Pag matagal may demurrage. They charge extra pag nagtagal ang barko dahil congested ang ports.
KARACHI -- President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concern over what it termed a 'sheer blackmailing' by shipping lines, their agents in alleged connivance with Terminal Operators, stated that the Karachi Chamber has been constantly receiving a lot of complaints against many Shipping Lines, their Agents and Terminal Operators involved in taking unjustified demurrage and detention charges from importers under various heads.
KARACHI -- President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concern over sheer blackmailing by shipping lines, their agents in connivance with Terminal Operators, stated that the Karachi Chamber has been constantly receiving a lot of complaints against many Shipping Lines, their Agents and Terminal Operators involved in taking unjustified demurrage and detention charges from importers under various heads.
KARACHI -- Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concern over sheer blackmailing by shipping lines, their agents in connivance with Terminal Operators, stated that the Karachi Chamber has been constantly receiving a lot of complaints against many Shipping Lines, their Agents and Terminal Operators involved in taking unjustified demurrage and detention charges from importers under various heads.
Some demurrage cases had arisen in Singapore after the city-port was recently hit by a few off-specification bunker fuel issues, resulting in some affected vessels to debunker, industry sources quoted as saying to SandP Global Platts.
The investigation will be led by FMC commissioner Rebecca Dye and will examine detention, demurrage and per diem practices and evaluate key issues, including:
Demurrage is a charge payable to the owner of a chartered ship in respect of failure to load or discharge the ship within the time agreed.
Due to the risk of the shipper or the consignee failing to return containers back to the shipping carrier empty, all shipping lines have stipulated in their bills of lading (B/L) (which govern the relation between the shipper, carrier, and the consignee) a specific condition concerning demurrage. This condition applies to the merchant (shipper/consignee) and stipulates who shall be charged fees arising from fault or negligence in not returning the containers back empty to the carrier.