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TeachMeFinance.com - explain Demurrage Demurrage The term 'Demurrage' as it applies to the area of energy can be defined as ' The charge paid to the vessel owner or operator for detention of a vessel at the port(s) beyond the time allowed, usually 72 hours, for loading and unloading'. Previous 5 Terms: Demonstrated reserve base (coal) Demonstrated resources Demonstration and test vehicles Demonstrations demotic Next 5 Terms: Demurrage den tree denary Denaturant dendriform About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.