Demurrage
A fee charged by the carrier when a container is held at the port or terminal beyond the agreed free time.
Example
If a container isn't picked up from customs within 5 days, demurrage charges begin accruing for each additional day.
A fee charged by the carrier when a container is held at the port or terminal beyond the agreed free time.
If a container isn't picked up from customs within 5 days, demurrage charges begin accruing for each additional day.