demurrage

noun
de·​mur·​rage | \ di-ˈmər-ij How to pronounce demurrage (audio) , -ˈmə-rij \

Definition of demurrage

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 And disruption at Chinese ports has pushed several oil carriers into demurrage, which is when the trading company that chartered the vessel fails to unload it in time and pays a charge to the shipowner, said Vitol’s Mr. Serio. Benoit Faucon, WSJ, "Ships Turn Into Floating Storage Units for Oil and Gas as Chinese Buyers Back Out," 4 Mar. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'demurrage.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of demurrage

1641, in the meaning defined at sense 1

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The first known use of demurrage was in 1641

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Cite this Entry

“Demurrage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/demurrage. Accessed 4 Jun. 2020.

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