demurrage in the Oxford Spanish Dictionary

Translations for demurrage in the English»Spanish Dictionary (Go to Spanish»English)

Translations for demurrage in the Spanish»English Dictionary (Go to English»Spanish)

demurrage in the PONS Dictionary

Translations for demurrage in the Spanish»English Dictionary

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demurrage
American English

Monolingual examples (not verified by PONS Editors)

English
Therefore, the ship owners were only entitled to claim the demurrage of $1000 per day, not their actual damages.
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If the time taken for loading and unloading was longer than required, the charterers were to pay $1000 per day by way of demurrage.
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Rather, as a matter of construction, the contract contemplated the possibility of delay and fixed damages (demurrage) to compensate the owners for that delay.
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By extension, demurrage refers to the charges that the charterer pays to the shipowner for its extra use of the vessel.
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The demurrage charge is normally an hourly rate.
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The demurrage fees were thought to promote the rapid return of rolling stock, since delays equated to extra money spent.
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However, the actual regime of container demurrage is still to be determined precisely.
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Demurrage is laytime consumed less laytime allocated (if any).
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In other cases, if the vessel is detained beyond the fixed number of demurrage days, the ship owner can recover damages for detention.
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E-gold is an example of a modern private currency in which demurrage is applied.
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