Examples of 'demurrage' in a sentence
Meaning of "demurrage"
demurrage (noun): Demurrage is a term used in the shipping industry to refer to the fees charged for the use of a container, port, or vessel beyond the allotted free time. It is essentially a penalty for delaying the turnaround of cargo and equipment
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- the detention of a ship or other freight vehicle, during delayed loading or unloading
- compensation paid for such detention
- a charge made for exchanging currency for bullion
How to use "demurrage" in a sentence
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demurrage
Payment of demurrage and additional staff costs.
Long storage times leading to demurrage charges.
The demurrage charge is normally an hourly rate.
Interchange is sometimes equivalent to the practice of demurrage.
Demurrage is the least of my worries right now.
Substantial storage and demurrage charges are therefore incurred.
Demurrage is already familiar to lots of people.
A contractual system of demurrage exists at the vessel level.
Concerning loading and discharge times and demurrage.
Demurrage and freight penalties.
Faster discharge lowering demurrage costs.
Demurrage in inland waterway transport.
You will contact them and in case of demurrage.
Demurrage and port charges.
The reverse of demurrage is despatch.
See also
Demurrage charges for vessels.
Them and in case of demurrage.
O demurrage or car storage charges.
Payment of demurrage charges.
Since the release is processed immediately there are no delays in stopping demurrage.
The costs of waiting or demurrage will be borne by the defaulting party.
Sometimes using this mode of transport helps to avoid demurrage fees.
The possibility of demurrage becomes more likely as handling volumes increase.
Loading and unloading expenses should include any demurrage expenses.
Increased demurrage costs due to long waiting times in the yard.
Enjoy his demurrage.
Extra demurrage charges are either not paid at all or very late.
This helps in eliminating undue port demurrage and container detention charges.
The and other two guards will be present during their demurrage.
Despatch is the opposite of demurrage and generally amounts to half of the demurrage rate.
Should also include liability for loss due to delay and demurrage.
Demurrage is the cost associated with owning or holding currency over a given period.
Obviously there will be delays and probable storage and demurrage charges.
The demurrage and the reimbursement of the costs occasioned and the loss caused.
The grain industry currently has a system of railcar demurrage in place at port position.
A portion of CN grain demurrage charges has been deemed to be grain revenue.
Both CN and CPR changed their practices on demurrage for grain movements.
The demurrage charge is a concept developed by Silvio Gesell about a century ago.
It is possible that a container can incur both demurrage and storage on the same shipment.
O Demurrage payments and penalties.
Existing financial penalties such as quay rent and demurrage are not sufficient in peak periods.
Demurrage and Dispatch.
Operational risks relating to shipping o Demurrage o Cost overruns relating to shipping and insurance.
Not the same as Aliss Demurrage.
NSG further submits that demurrage charges would also be incurred if the situation continued.
Head of the Freight and Demurrage.
Each Wära banknote had a monthly demurrage fee of one percent of its nominal value.
No demurrage is being charged on import rail-boxes which are delayed.
Compounding this were increased demurrage charges at Pacific Seaboard ports.
The main terms of negotiation are freight / hire and demurrage.
