Difference between revisions of "Detention (shipping)"
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| − | '''Detention''' refers to a penalty charge against shippers or [[consignee]]s for delaying carrier's equipment beyond allowed time. [[Demurrage]] is a penalty applied to cargo; detention applies to equipment.<ref> | + | '''Detention''' refers to a penalty charge against shippers or [[consignee]]s for delaying carrier's equipment beyond allowed time. [[Demurrage]] is a penalty applied to cargo; detention applies to equipment.<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping Terms]] | [[Category:Shipping Terms]] | ||
Latest revision as of 11:38, July 13, 2016
Detention refers to a penalty charge against shippers or consignees for delaying carrier's equipment beyond allowed time. Demurrage is a penalty applied to cargo; detention applies to equipment.[1]