Legal Definitions - estadia

Definition: Estadia (es-tah-dee-ah), n. [Spanish] Spanish law.

1. A delay in a voyage or delivery of cargo caused by the charterer or consignee, who becomes liable for demurrage.
2. The time for which the party who has chartered a vessel or is bound to receive the cargo must pay demurrage because of a delay in performing the contract.

Examples:

• If a company hires a ship to transport goods and then delays the loading or unloading of the cargo, they will be responsible for paying estadia or demurrage fees.
• If a company agrees to receive a shipment of goods by a certain date but fails to do so, they will be charged estadia fees for the delay.

These examples illustrate how estadia refers to the fees charged for delays in the transportation or delivery of goods. If a company causes a delay, they are responsible for paying these fees to compensate the other party for the lost time and resources.