demurrage

/damaraj/ In maritime law, the sum which is fixed by the contract of carriage, or which is allowed, as remuneration to the owner of a ship for the detention of his vessel beyond the number of days allowed by the charter-party for loading and unloading or for sailing.

Also the detention of the vessel by the freighter beyond such time. With respect to railroads a charge exacted by a carrier from a shipper or consignee on account of a failure on the latter's part to load or unload cars within the specified time prescribed by the applicable tariffs; the purpose of the charge is to expedite the loading and unloading of cars, thus facilitating the flow of commerce, which is in the public interest. St. Louis, Southwestern Ry. Co. v. Mays, D.C.Ark., 177 F.Supp. 182, 183.

Demurrage is extended freight and is the amount payable for delays by receiver in loading or unloading cargo; it is stipulated damages for detention. Hellenic Lines, Limited v. Director General of India Supply Mission for and on Behalf of Union of India, D.C.N.Y., 319 F.Supp. 821, 831

@ demurrage lien

Carrier's right to possession of goods for unpaid demurrage charges

@ demurrant

/damarant/ One who demurs; the party who, in pleading, interposes a demurrer

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