MLchartDataset catalogue

Demurrage

Term · Industrial and trades · MLC-T-IND-001652

A charge payable to the owner of a chartered ship by the charterer for failing to load or discharge cargo within the agreed laytime. This fee compensates the shipowner for the loss of earnings due to delays. Demurrage rates are typically stipulated in the charter party agreement.

Table 1. Record
IdentifierMLC-T-IND-001652
FieldIndustrial and trades
SubjectMarine and shipyard
TranslationsGerman: Lagergebühr; Spanish: demora; French: surestarie
Record as JSON 
{
  "id": "MLC-T-IND-001652",
  "term": "Demurrage",
  "field": "Industrial and trades",
  "definition": "A charge payable to the owner of a chartered ship by the charterer for failing to load or discharge cargo within the agreed laytime. This fee compensates the shipowner for the loss of earnings due to delays. Demurrage rates are typically stipulated in the charter party agreement.",
  "subject": "Marine and shipyard",
  "translations": {
    "de": "Lagergebühr",
    "es": "demora",
    "fr": "surestarie"
  },
  "url": "https://mlchart.com/terminology/industrial/demurrage/"
}

Record 1,816 of 7,291 in Industrial and trades terminology (MLC-0113). Request the full dataset.