Demurrage

{
  "id": "MLC-T-LOG-000083",
  "term": "Demurrage",
  "field": "Logistics and supply chain",
  "definition": "A charge levied by a carrier or port authority when cargo remains in a container or on a vessel beyond the agreed-upon free time for loading or unloading. This fee compensates the carrier for the loss of use of their equipment or space. Demurrage charges are typically calculated on a per-day basis.",
  "url": "https://mlchart.com/terminology/logistics/demurrage/"
}