Demorage

/ˈdɛmərɪdʒ/ noun

Definition

In maritime commerce, a charge or fee imposed on a ship for staying in port beyond the allowed time; demurrage.

Etymology

From Old French demourer (to remain/delay) + -age (noun suffix denoting action or consequence). The maritime term developed as shipping became more regulated and time charges became standardized for port delays.

Kelly Says

Demorage is a shipping word that captures the economics of waiting—every day a massive ship sits in port costs money, so ports charge hefty fees to keep cargo moving and ports operating efficiently.

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