waterage

/ˈwɔtərɪdʒ/
noun
  1. The transport of goods or people by water, especially by boat or ship.
    • Waterage is often cheaper than land transport for heavy cargo.
    • Many coastal towns rely on waterage for trade and travel.
    • The company specializes in waterage along the Mississippi River.
  2. A fee or charge for transporting goods by water.
    • They negotiated a lower waterage rate for the bulk order.
    • The port authority sets the waterage for all commercial vessels.
    • The invoice included a waterage fee for shipping the lumber downstream.
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