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Demurrage meaning

Ceramic Products
From Azerbaijan
To Kenya
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Julius S.
Jul 06, 2021

What is demurrage?

1 answer

Dave B.
Jul 06, 2021

In international transportation, this is a charge for the failure to remove cargo from a terminal within the allowed free time, as well as a charge for failure to load or unload a ship within the allowed period. In U.S. domestic transportation, demurrage is a penalty charge against users for use of carriers’ equipment beyond the allowed free time.

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