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You are here: Home / glossary / Pilferage

Pilferage

Pilferage

Created OnFebruary 6, 2018
byCapt. Angad S Cheema
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certain cargoes always attract thieves. Notable items include spirits, beer, tobacco or high value small items. To reduce losses such cargoes should be tallied in and tallied out. Lock-up stow should be provided throughout the voyage from the onset of loading to the time of discharge. Shore watchmen and security personnel should be used whenever it is practical and good watch-keeping practice should be the order of the day.

Related:

  • Dreadage or Dreading Clause
  • Arrived ship
  • Ballast bonus (BB)
  • AA AA (Always afloat, always accessible)
  • COA (Contract of Affreightment)
  • Free in and out (FIO)

By Capt. Angad S Cheema

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