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Cargo transportation terms

Description of terms used in the process of cargo transportation
The number of entries in this glossary is 2.
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Glossaries

Term Definition
Demurrage

A fine, a penalty paid to the owner of a container/vessel/vehicle for use in excess of the standard time specified in the contract.

In merchant shipping, monetary compensation for loss, the fee due to the carrier for the idle time of the vessel during the counterstalking time. The amount of demurrage is determined by agreement of the parties, or according to the rates accepted in the relevant port. In the absence of such rates, the amount of the fee for idle time of the vessel is determined by the costs of maintaining the vessel and its crew.

In sea container transportation, this is a payment for the excess (over free time) use of container equipment during the time from the moment the container is unloaded from the ship to the moment it is returned to the port, or at the time of its transfer to export mode. Paid to the owner of the container. 

Synonyms- remain
DFE (twenty-foot equivalent)
A conventional unit of measurement of the quantitative side of traffic flows or throughput.  Equivalent to twenty feet or the dimensions of an ISO container 20 feet (6 1 m) long. So one standard 40-foot container of the ISO series is equal to 2 TEU.