Demurrage in United States

Demurrage Definition

The delay of a vessel by the freighter beyond the time allowed for loading, unloading, or sailing. 3 Kent. Comm. 203. Payment for such delay. Demurrage is an extended freight or reward to the vessel in compensation for earnings she is compelled to lose. Abb. Adm. (D. C.) 548. The term is also applied to the payment for delay of railroad equipment.

Demurrage in Foreign Legal Encyclopedias

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Demurrage	Demurrage in the World Legal Encyclopedia.
Demurrage	Demurrage in the European Legal Encyclopedia.
Demurrage	Demurrage in the Asian Legal Encyclopedia.
Demurrage	Demurrage in the UK Legal Encyclopedia.
Demurrage	Demurrage in the Australian Legal Encyclopedia.

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Legal Issue for Attorneys

The delay of a vessel by the freighter beyond the time allowed for loading, unloading, or sailing. 3 Kent. Comm. 203. Payment for such delay. Demurrage is an extended freight or reward to the vessel in compensation for earnings she is compelled to lose. Abb. Adm. (D. C.) 548. The term is also applied to the payment for delay of railroad equipment.

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Notice

This definition of Demurrage Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..

Practical Information

Note: Some of this information was last updated in 1982

In admiralty (in U.S. law) law, the money allowed to a ship-owner whose vessel has been held by a charterer or shipper beyond the number of days allowed by the charterparty (in U.S. law) or bill (in U.S. law) of Lading for loading and unloading or for sailing. The term is sometimes used to refer to the period during which demurrage accrues.

(Revised by Ann De Vries)

What is Demurrage?

For a meaning of it, read Demurrage in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Demurrage.

Demurrage