Warehouse & Logistics Encyclopedia
Your comprehensive guide to warehouse, logistics, and supply chain terminology. Explore over 100+ industry terms with detailed explanations and practical insights.
Container Demurrage
Fees charged when a shipping container stays beyond the allowed free time at a port or terminal.
Definition
Demurrage is a penalty imposed on shippers or consignees for delays in unloading or returning containers within a specified period.
Overview
Demurrage fees incentivize timely unloading and return of containers to keep port operations efficient.
Role
Fees charged when a shipping container stays beyond the allowed free time at a port or terminal.
Focus
Demurrage fees incentivize timely unloading and return of containers to keep port operations efficient.
Example
A consignee fails to unload a container within 5 free days and is charged daily demurrage fees by the port.
FAQs
Q: Can you give an example of Container Demurrage?
A: A consignee fails to unload a container within 5 free days and is charged daily demurrage fees by the port.