Tonnage is a measure of the cargo-carrying capacity of a ship. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, 'tonnage' specifically refers to a calculation of the volume or cargo volume of a ship. Tonnage should not be confused with displacement, which refers to the actual weight of the vessel. Tonnage is commonly used to assess fees on commercial shipping. Tonnage is a measure of the cargo-carrying capacity of a ship. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, 'tonnage' specifically refers to a calculation of the volume or cargo volume of a ship. Tonnage should not be confused with displacement, which refers to the actual weight of the vessel. Tonnage is commonly used to assess fees on commercial shipping.