Definitions of dead freight
an amount paid by a shipper (=person or business that transports goods) to a person owning a ship for unused cargo space on the ship
Owner is awarded dead freight for the 2,500 m/t of booked cargo not shipped.
Substantiv
full
noun
an amount paid by a shipper (=person or business that transports goods) to a person owning a ship for unused cargo space on the ship
Owner is awarded dead freight for the 2,500 m/t of booked cargo not shipped.