demurrage

noun

de·​mur·​rage di-ˈmər-ij How to pronounce demurrage (audio)
-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 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 The company had already incurred more than $300,000 in detention and demurrage fees on 67 containers since the start of September. John Francis Peters, ProPublica, 16 June 2022 Now, the arcane matter of detention and demurrage has made its way into corporate earnings reports. John Francis Peters, ProPublica, 16 June 2022 After a container sits at the terminal for a certain number of days, shipping companies begin charging end customers a rental fee for using their box, a charge called demurrage in the industry. Sam Dean, Los Angeles Times, 26 Nov. 2021 However, the current focus is demurrage levies/fines. Lora Cecere, Forbes, 2 Nov. 2021 The waiting costs money as well as time: Ocean carriers start to charge detention fees on containers out too long being delivered; demurrage fees apply to containers sitting at the port too long and typically increase over time. Lettie Teague, WSJ, 22 Oct. 2021 Detention and demurrage often lead to quick cost-saving wins. Denis King, Forbes, 10 Mar. 2021 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'demurrage.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1641, in the meaning defined at sense 1

Time Traveler
The first known use of demurrage was in 1641

Dictionary Entries Near demurrage

Cite this Entry

“Demurrage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/demurrage. Accessed 28 Feb. 2024.

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