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Look up: demurrage

  1. Demurrage
    [currency] Demurrage is a cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is in practice nothing more than the cost of storing and securing the gold. Demurrage is sometim...
    Found on http://en.wikipedia.org/wiki/Demurrage_(

  2. demurrage
    A daily rate charged by railroads for failure to unload a rail car within a specified time frame.
    Found on http://www.fmi.org/facts_figs/glossary_s

  3. Demurrage
    Naval Compensation paid to the owner of a vessel which has been delayed in port beyond the time agreed on.
    Found on http://www.britishempire.co.uk/glossary/

  4. demurrage
    [n] - a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure 2. [n] - detention of a ship or freight car or other cargo beyond its scheduled time of departure
    Found on http://www.webdictionary.co.uk/definitio

  5. Demurrage
    The detention of a vessel in loading or unloading beyond the agreed upon time. Demurrage costs are usually incurred for any delay.
    Found on http://www.encyclo.co.uk/visitor-contrib

  6. demurrage
    money paid to a customer when a shipment is delayed at a port or by customs Category: Commerce - movement of goods
    Found on http://www.mijnwoordenboek.nl/definition

  7. Demurrage
    Charge for storage in an airline warehouse or other warehouse, which accrues after a given time, for consignments not collected. Also applies to delay caused to an aircraft (eg by a charterer).
    Found on http://www.encyclo.co.uk/visitor-contrib

  8. Demurrage
    De·mur'rage noun [ Confer Old French demorage delay. See Demur .] (Law) (a) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing. (b) The allowan...
    Found on http://www.encyclo.co.uk/webster/D/35

  9. demurrage
    noun detention of a ship or freight car or other cargo beyond its scheduled time of departure
    Found on http://wordnetweb.princeton.edu/perl/web

  10. demurrage
    noun a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
    Found on http://wordnetweb.princeton.edu/perl/web

  11. Demurrage
    • (n.) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing. • (n.) The allowance made to the master or owner of the ship for such delay or detention.
    Found on http://thinkexist.com/dictionary/meaning

  12. Demurrage
    A cost associated with delay. It takes different forms in different contexts, such as when a ship is delayed in loading or unloading, or when currency or gold are held over time.
    Found on http://www-personal.umich.edu/~alandear/

  13. Demurrage
    In maritime law, demurrage is the time during which a vessel is detained by the freighter, beyond that originally stipulated, in loading or unloading. When a vessel is thus detained she is said to be on demurrage. The name is also given to the compensation which the freighter has to pay for such del...
    Found on http://www.probertencyclopaedia.com/brow

  14. Demurrage
    The term demurrage originated in vessel chartering (notably voyage chartering) and refers to the period when the charterer remains in possession of the vessel after the period normally allowed to load and unload cargo (laytime). By extension demurrage refers to the charges that the charterer pays t...
    Found on http://en.wikipedia.org/wiki/Demurrage

  15. Demurrage
    The detention of a vessel in loading or unloading beyond the time agreed upon. Demurrage charges are usually incurred for any delay.
    Found on http://www.encyclo.co.uk/local/21049

  16. Demurrage
    A term associated with the charge (monetary) that can be levied against a shipper or consignee who detains a container, truck, ship or railroad car beyond the allotted time for loading and unloading of that piece of transport equipment. Such a monetary 'penalty' is used to offset the loss to the carrier as a result of the delay. &qu...
    Found on http://www.mhia.org/learning/glossary/d

  17. Demurrage
    The freighter of a ship is bound not to detain it, beyond the stipulated or usual time, to load or deliver the cargo, or to sail. The extra days beyond the lay days (being the days allowed to load and unload the cargo), are called the days of demurrage. The term is likewise applied to the payment fo...
    Found on http://www.lectlaw.com/def/d131.htm

  18. Demurrage
    Demurrage is liquidated damages payable under a charterparty, at a specified daily rate for any days (demurrage days) required for completing the loading or discharging of cargo after the lay days have expired.
    Found on http://www.probertencyclopaedia.com/brow

  19. DEMURRAGE
    A fee levied by the shipping company upon the port or supplier for not loading or unloading the vessel by a specified date agreed upon by contract. Usually, assessed upon a daily basis after the deadline.
    Found on http://www.insurexchange.com/glossary/ma

  20. Demurrage
    Charge paid by the depositors of grain in the state granaries, see credit
    Found on http://www.reshafim.org.il/ad/egypt/glos

  21. Demurrage
    Penalties payable to a shipowner for delays if loading or unloading does not proceed at the rate laid down in the contract. May arise from landside transport problems, port congestion or weather.
    Found on http://www.metalbulletin.com/Glossary.ht



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27 May 2012

This day in history: The Queen Mary made her maiden voyage, on the Southampton-Cherbourg-New York route, on 27 May 1936. The passenger accommodation emphasised the first two classes, cabin and tourist. The propulsion machinery of the ship produced a massive 160,000 SHP and gave it a speed of over 30 knots. Despite expectations that the ship would try to break speed records on its first voyage a thick fog destroyed any hope of this. The Queen Mary spent a short time in drydock during July whilst adjustments were made to the propellers and turbines. When the ship returned to service, in August, it made a record voyage from Bishop's Rock to Ambrose light and took the Blue Riband from the Normandie. read more

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