wharfage in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Wharfage is the fee charged for the use of a wharf or dock for loading and unloading cargo from a vessel.
Sample Sentences
- The port charges wharfage fees based on the size of the vessel and the duration of its stay.
- Wharfage is a crucial factor in determining the overall cost of shipping goods.
- Local businesses often rely on the availability of wharfage to facilitate their import and export activities.
- The new regulations regarding wharfage aim to improve efficiency and reduce congestion at the docks.
- Increased wharfage costs can significantly impact the pricing strategies of shipping companies.