Definitions (2)
Popular Terms
1. Penalty for exceeding free time (usually 72 hours) allowed for taking delivery of a shipment from the shipping or transporting company's warehouse.
2. Penalty assessed against a consignor, consignee, or other such party responsible for delay in loading or unloading of a shipping vessel or for undue detention (usually over 48 hours) of the transportation equipment. Also called detention charge.

Use 'demurrage' in a Sentence

You must be sure to pick up your package as quick as you can after arrival so you don't get charged with a demurrage.
18 people found this helpful
The demurrage for the delivery of our goods was quite a controversial topic at the last meeting we had with the board.
15 people found this helpful
After the incident, there was a further dispute about whether owners were entitled to claim for demurrage incurring before termination.
14 people found this helpful

Email Print Embed