Demurrage

Definition and stakes

Portrait of Benjamin N. Cardozo Benjamin N. Cardozo,  Brooklyn Eastern District Terminal v…

“ A Special Commissioner was appointed to ascertain the damages and report.
The controversy hinges upon an item of demurrage. As to the repair bills ($26,114.57 for the Integrity and $2,230 for the Raritan) , as well as some other items, the parties are now at one. The conflict between them, once waged along a wider front, has narrowed to a single point. The District Court, confirming the Commissioner's report, allowed demurrage to the petitioner at the rate of $150 a day, the market hire of another tug, during the seventy-eight days when the Integrity was withdrawn for repairs.
”
Source: Wikisource

Culliford v. Vinet — Opinion of the Court

“ Stevedore for loading said steamer to be appointed by charterers, under captain's directions, at current rates for such labor. Charterers are not to be held responsible for improper stowage.
' (5) Steamer to have liberty to call at any ports for coal or other supplies.
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' (13) Sixteen running days, Sundays excepted, are to be allowed the said merchants (if the steamer is not sooner dispatched) for loading and discharging, and ten days on demurrage, over and above the said lay-days, at six pence sterling per gross register ton per day.
”
Source: Wikisource

Thomas Miller,  Picturesque Sketches of London…

“ Like a flood that slowly undermines a bank, and which the proprietor regards not when he sees so tiny a current dribbling and oozing through, and scarcely bowing the grass between which it trickles, so came the Destroyer—slowly and almost imperceptibly undermining the current of life, and eating out the foundations, until there needed but one mighty rush, and all was over beyond recovery, and the work of destruction was completed. ”
Source: Gutenberg

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