demurrage
noun
de·mur·rage
di-ˈmər-ij 
-ˈmə-rij
1
: the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing
2
: a charge for detaining a ship, freight car, or truck
Examples of demurrage in a Sentence
Recent Examples on the Web
Based on prior port strikes, ocean carriers normally profit from soaring freight rates based on demand for other ports as well as detention and demurrage fees on containers stranded during a ports shutdown.
—
Lori Ann Larocco, CNBC, 2 Oct. 2024
This increased wait time can add to detention and demurrage fees a shipper would have to pay.
—Lori Ann Larocco, CNBC, 4 Sep. 2024
Additionally, the agency is now tasked with enforcing detention and demurrage (D&D) fees, where the agency can now investigate complaints and enforce monetary penalties.
—Glenn Taylor, Sourcing Journal, 24 July 2024
As the Federal Maritime Commission (FMC) keeps pressure on ocean carriers over their enforcement of detention and demurrage (D&D) fees, one container shipping line saw a rare win for the industry that could set a precedent in how these cases play out going forward.
—Glenn Taylor, Sourcing Journal, 10 July 2024
With demurrage, would need to follow up with their carrier.
—Steve Banker, Forbes, 27 Feb. 2024
Infor Nexus’s approach is not to just give a specific answer to a specific question, but to provide the right data visual, in this example a matrix type view of several days of shipments with demurrage risk.
—Steve Banker, Forbes, 27 Feb. 2024
In normal times, the fees, known as detention and demurrage, make a lot of sense.
—John Francis Peters, ProPublica, 16 June 2022
Direct accounts for users as well as direct payments to the most disadvantaged spurred by demurrage as well as targeting spending on essentials are under consideration in the latter phases of eNaira.
—Vipin Bharathan, Forbes, 2 Jan. 2022
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Lori Ann Larocco, CNBC, 2 Oct. 2024
This increased wait time can add to detention and demurrage fees a shipper would have to pay.
—Lori Ann Larocco, CNBC, 4 Sep. 2024
Additionally, the agency is now tasked with enforcing detention and demurrage (D&D) fees, where the agency can now investigate complaints and enforce monetary penalties.
—Glenn Taylor, Sourcing Journal, 24 July 2024
As the Federal Maritime Commission (FMC) keeps pressure on ocean carriers over their enforcement of detention and demurrage (D&D) fees, one container shipping line saw a rare win for the industry that could set a precedent in how these cases play out going forward.
—Glenn Taylor, Sourcing Journal, 10 July 2024
With demurrage, would need to follow up with their carrier.
—Steve Banker, Forbes, 27 Feb. 2024
Infor Nexus’s approach is not to just give a specific answer to a specific question, but to provide the right data visual, in this example a matrix type view of several days of shipments with demurrage risk.
—Steve Banker, Forbes, 27 Feb. 2024
In normal times, the fees, known as detention and demurrage, make a lot of sense.
—John Francis Peters, ProPublica, 16 June 2022
Direct accounts for users as well as direct payments to the most disadvantaged spurred by demurrage as well as targeting spending on essentials are under consideration in the latter phases of eNaira.
—Vipin Bharathan, Forbes, 2 Jan. 2022
Dictionary Entries Near demurrage
Cite this Entry
“Demurrage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/demurrage. Accessed 21 Nov. 2024.
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