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Demurrage
The detention or delay of a vessel in loading or unloading beyond the time agreed upon. Demurrage charges are usually incurred for any delay.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
- Acronym-Abbreviation:
Other Languages:
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