demurrage Synonyms
No Synonyms and anytonyms found
demurrage Meaning
demurrage (n)
a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
detention of a ship or freight car or other cargo beyond its scheduled time of departure
demurrage (n.)
The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing.
The allowance made to the master or owner of the ship for such delay or detention.
demurrage Sentence Examples
- The shipping company incurred demurrage charges due to delays in unloading cargo at the port.
- Failure to retrieve the containers on time resulted in significant demurrage fees for the importer.
- The warehouse manager meticulously planned operations to minimize demurrage costs associated with storage.
- The shipping contract included clauses detailing demurrage penalties for delays beyond the agreed-upon timeframe.
- The logistics team worked tirelessly to avoid demurrage by coordinating efficient transportation schedules.
- Demurrage expenses can quickly accumulate if goods are held at customs for extended periods.
- The importer negotiated with the shipping company to waive demurrage fees caused by unforeseen circumstances.
- Delays caused by inclement weather led to demurrage charges for vessels waiting to dock at the port.
- The freight forwarder advised clients to closely monitor shipment status to avoid demurrage costs.
- The company implemented new procedures to streamline operations and reduce demurrage expenses.
FAQs About the word demurrage
a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure, detention of a ship or freight c
No synonyms found.
No antonyms found.
The shipping company incurred demurrage charges due to delays in unloading cargo at the port.
Failure to retrieve the containers on time resulted in significant demurrage fees for the importer.
The warehouse manager meticulously planned operations to minimize demurrage costs associated with storage.
The shipping contract included clauses detailing demurrage penalties for delays beyond the agreed-upon timeframe.
