Pierage

Pierage is a fee or toll charged for the use of a pier, wharf, or dock. It is typically levied on vessels and goods that utilize these facilities for loading, unloading, mooring, or other maritime activities. The cost can vary based on the size of the vessel, the type and quantity of cargo, and the duration of its stay. pierage revenue is often used to maintain and improve the pier infrastructure and support harbor operations.

Pierage meaning with examples

• The merchant ship paid a substantial pierage fee upon docking, which was calculated based on its tonnage and the value of the imported goods. This charge covered the usage of the pier's cranes and storage facilities, as well as security.
• The fishing fleet's pierage fees were subsidized by the local government to support the fishing industry. This reduced the financial burden on the fishermen, allowing them to be able to continue their work without having to take out large business loans.
• Increased pierage costs prompted several cruise lines to seek alternative docking locations. The ships looked into moving their activities to less expensive or newer facilities, leading to competitive pressure for port authorities.
• The bustling port's pierage revenue was critical to the city's budget. The port collected high fees from large container ships to use their wharves, which was then used to fund essential public services.