demurrage

demurrage Definition

de·mur·rage (di mʉr′ij)

noun

the compensation payable to a carrier of freight whose vehicle or vessel is delayed, as by failure to load or unload the freight within the time allowed
the delay itself

Etymology: OFr demorage, a delay < demorer: see demur

demurrage Usage Examples

Converse of object

claim: Owners claimed demurrage pursuant to clause 8 of the charterparty.
pay: The House of Lords held that the company was not liable as principal to pay demurrage.
incur: There was a further dispute about whether owners were entitled to claim for demurrage incurred before termination.

Modifies a noun

charge: Good news about the demurrage charge, by the way.
fee: At 50 Euros per day, the demurrage fee from 1 February 2000 to the present date does not come to 51,500 Euros.
clause: The demurrage clause simply liquidates the damages for such a breach.
cost: In addition, congestion charges ( demurrage costs ) incurred in relation to imported coal handled at the Port of Immingham have reduced.

Noun used with modifier

port: These will include transport scheduling, personnel scheduling and port demurrage minimisation.

Browse dictionary entries near demurrage

‹ demureness
‹ demurely
‹ demure
‹ demur
‹ demulcent
‹ Dempsey
‹ demountable
‹ demount
‹ demotion
‹ demoting