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Demurrage

Demurrage is a fee assessed by a terminal owner on cargo where waiting or storage times exceeded the contractually agreed demurrage-free time. Examples include:

  • Rail cars in rail yards
  • Containers at sea port terminals
  • Airfreight containers at airport terminals

Demurrage rates and conditions are typically specified in transportation contracts.

Hierarchy

IDNameLevelx
D&DDemurrage and Detention0D&D
DemurrageDemurrage1Demurrage
Demurrage Demurrage And Detention 1 1 {{{keywords}}} {{{description}}}