Definition of "DEMDES"
  1. Demurrage/Despatch money: a payment relating to vessel chartering, made when the ship is either loading or discharging goods slower or faster than expected
How to use "DEMDES" in a sentence
  1. The DEMDES fees increased because of the ship's slow loading process.
  2. If the ship unloads the cargo faster than anticipated, DEMDES will be reduced.
  3. The company was pleased to avoid DEMDES by maintaining its loading and unloading speed.

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