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The ship was waiting monotonously at its pier, using up demurrage charges.
The demurrage charge is normally an hourly rate.
"And of course I need not remind you that the demurrage charges are piling up minute by minute."
On top of that, there is a demurrage charge of five thousand dollars a day and only perishable foods are given any priority."
When a delay occurs with product delivery, the delivery party can elect to claim a no fault delay by submitting a demurrage charge.
Bernard Lietaer's terra is a commodity basket currency proposal similar to Keynes' bancor or L'Europa and bearing a demurrage charge.
On any given day, one could see dozens of ships queuing to unload in all Venezuelan ports, which meant that demurrage charges were huge and were obviously passed on to consumers.
Under the routing rules in effect at the time, cars owned by operating companies were supposed to be routed back to their owning road as soon as possible or the host road would have to pay demurrage charges.