demurrage

[US]/dɪˈmɜːrɪdʒ/
[UK]/dɪˈmɜːrɪdʒ/
Frequency: Very High

Translation

n.the charge for keeping a ship or cargo beyond the agreed time; the cost incurred for delays in loading or unloading; the fee for exceeding the agreed period
Word Forms
Pluraldemurrages

Phrases & Collocations

demurrage charges

demurrage fees

demurrage period

demurrage claims

demurrage notice

demurrage rate

demurrage invoice

demurrage agreement

demurrage policy

demurrage calculation

Example Sentences

the shipping company charged us demurrage fees for the delayed pickup.

demurrage can significantly increase the overall shipping costs.

we need to avoid demurrage by ensuring timely delivery.

the contract includes a clause about demurrage charges.

demurrage rates vary depending on the shipping line.

they incurred demurrage after failing to unload the cargo on time.

understanding demurrage is essential for logistics management.

negotiating demurrage terms can save money in the long run.

we received a notice regarding the demurrage charges on our shipment.

efficient planning helps minimize the risk of demurrage.

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