Thu, Feb

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


Maritime Industry News

  • ITF Releases Photos of Crewmen put at Risk

    The ITF has evidence of safety breaches on board what it calls a flag of convenience ship berthed alongside Pacific Aluminium’s new foreign charter vessel in Newcastle, Australia. The Greek-owners of

  • DONG to Build New Wind Farm - and to Dismantle World's First

    RES America Developments has agreed to transfer an offshore wind development lease to Danish offshore wind giant DONG Energy. The U.S. Bureau of Ocean Energy Management sold a lease for commercial

  • Maersk, MSC, Others Offer to Settle Pricing Probe

    Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an E.U. antitrust probe and stave off any fines, three people familiar with

  • Sri Lanka Wants China in Port Deal

    Just over a year after a new leader was elected and Sri Lanka's business ties with China came under close scrutiny, Colombo is reversing course by resuming a stalled port project and

  • Britain Deploys Ships to NATO Naval Groups Once More

    The British government has announced that is deploying five warships to join NATO's standing maritime forces in the North Atlantic, North Sea, the Baltic and the Mediterranean, as part of a counterweight

Companies Profiles

Alert - Accident News