JAMB - Commerce (2025 - No. 42)
The charge paid to a ship owner for the unused part of a ship is known as
penalty
dead freight
dock dues
demurrage
Explication
Dead freight is the charge paid to a ship owner for the unused part of a ship. This is usually paid by the charterer when they have
not fully utilized the space they have booked on the ship.
not fully utilized the space they have booked on the ship.