Nautical Term: Conservancy
Definition of Conservancy
In certain maritime nations, a conservancy fee may be imposed. This charge is collected to ensure the ongoing maintenance and upkeep of the access routes leading to waterways and canals.
For instance, imagine a port authority in the Netherlands that oversees the waterway access to the port of Rotterdam. This port authority may levy a conservancy fee to fund the upkeep and maintenance of the waterways and access routes leading to the port of Rotterdam.
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