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Supply Chain Management Professional (SCMP) · Question

What is demurrage in the context of logistics?

Demurrage is a charge payable to the owner of a chartered ship or other cargo vehicle for delays in loading or unloading beyond the agreed time.

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Question: What is demurrage in the context of logistics?

Answer options:

  • A discount for early payment of freight charges. ✅ A penalty charge for exceeding the allowed time for loading/unloading cargo.
  • The cost of insuring goods during transit.
  • A fixed fee for customs clearance.

Correct answer: A penalty charge for exceeding the allowed time for loading/unloading cargo.

Explanation: Demurrage is a charge payable to the owner of a chartered ship or other cargo vehicle for delays in loading or unloading beyond the agreed time.

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