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Thu, Oct

This is so given that this is a notional point in chartering terms, this is best described as the Shipper/Receiver arranging for delivery/receival of cargo to/from directly under ships hook and the ship paying for the labour to stow the cargo in the vesse ...

A common measure of ship carrying capacity. The number of tons (2240 lbs.) of cargo, stores and bunkers that a vessel can transport. It is the difference between the number of tons of water a vessel displaces "light" and the number of tons it displaces "w ...

Category:Sea Words

Tunnel which accommodates pipelines and runs longitudinally alongh the centre line of a ship.

Category:Technical Terms

This refers to shipping documents which are presented to a bank on a collection basis to be passed to the buyer (drawee) when payment is made.

Category:Financial Terms
   

 

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