Demurrage

[di'mʌridʒ]

(noun.) detention of a ship or freight car or other cargo beyond its scheduled time of departure.

(noun.) a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure.

Typed by Jaime--From WordNet

(n.) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing.

(n.) The allowance made to the master or owner of the ship for such delay or detention.

Typist: Ora