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Difficulty: MediumOccupational and Specialized Registers

Complete the sentence by filling in the blank with the appropriate occupational register term.

Answer:When a cargo vessel is delayed in port beyond the stipulated laytime agreed upon in the charter-party, the charterer must pay a financial penalty known as 【demurrage】.

Answer

demurrage
In maritime law and shipping logistics, 'demurrage' is the technical term for the financial penalty assessed against a charterer for failing to discharge or load cargo within the agreed period (laytime).

Step-by-Step Solution

1
Analyze the context of the sentence to identify the relevant professional field.
The context involves maritime transport, shipping contracts (charter-party), and cargo loading time (laytime).
Identifying the occupational field narrows the vocabulary search to maritime commerce and shipping logistics.
2
Select the precise specialized term describing a monetary penalty for delaying a vessel past its laytime.
The term is 'demurrage'.
'Demurrage' is the specific shipping register word for damages payable to a ship owner when loading or unloading takes longer than the agreed time.

Key Concept

Occupational and Specialized Registers: Maritime Commerce
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Topics

Occupational and Specialized Registers

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