“Demurrage”: the charge, related to the use of the equipment only, the merchant pays for carrier's
equipment kept beyond the free time allowed by the carrier for taking delivery of goods in the port,
terminal or depot.
“Detention”: the charge the merchant pays for detaining carrier's equipment outside the port, terminal
or depot, beyond the free time.
“Free time”: the period of time allowed to the merchant free of charge, covering both demurrage period and detention period, beyond which additional charges such as, but not limited to demurrage
and detention charges, will be due to the Carrier. Demurrage and Detention do not include storage costs and reefer services which are charged
separately.
“Storage Costs”: those costs related but not limited to quay rent, charged to both carrier's equipment
and shipper's equipment for containers staying on ground.
“Reefer Services”: these services such as Power supply and Monitoring. If not otherwise specified in the tariff grid, a merged (or combined) demurrage & detention rate is applied.
“Carrier” means the Party on whose behalf the Bill of Lading is issued.
“Merchant” includes the Shipper, Holder, Consignee, Receiver of the Goods, any Person owning or
entitled to the possession of the Goods or of this Bill of Lading and anyone acting on behalf of any
such Person.
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