Probably best described as the steel ribs of the ship. They act to stiffen the shell plating of the ship’s hull and resist the stresses caused by water pressure when the vessel is at sea. They also resist dry docking stresses and racking stresses. Ships are built either transversely or longitudinally framed. … [Read more...]

A water tank set under the fo’c’sle head. It is usually a designated Water Ballast Tank, used for trimming the vessel. … [Read more...]

The area of the shell plating where the stem of a ship is joined to the keel. … [Read more...]

If a charterparty states that the cargo will be loaded free of expense to the shipowner or other carrier but that he will pay for the discharging, the discharging is on liner terms (or "gross terms"), hence the use of this abbreviation. … [Read more...]

Fridays and holidays included … [Read more...]

Fridays and Holidays excluded … [Read more...]

This term in a charterparty can apply to the vessel's being loaded or discharged as quickly as is practical, possibly in relation to the custom of the part (COP) or "with customary quick despatch". This can be the responsibility of the Charterer, to ensure that the cargo handling facilities permit the ship to be loaded or discharged in this manner. It can also apply to the owner's responsibility to receive or discharge the cargo. The term appears in a charterparty when the laytime is not fixed. "As fast as (the ship) can (receive) (or deliver)" means that the laytime is calculated by reference … [Read more...]

Simply, this means the price payable to the carrier for carrying cargo in a good condition and delivery to the owner of an interest in the cargo. … [Read more...]

As a rule, owners have to pay the cost of loading and discharging the cargo, it being the duty of charterers to deliver the cargo free alongside at the port of loading and for consignees to take delivery from alongside at the port of destination, in each case free of charge to the vessel.The expression "free in and out" means it is the responsibility of the charterers to load, or the consignees to discharge, the cargo for their respective accounts (that is, "free of expense to the owners"). This expression leaves some doubt whether the cost of stowage is for shippers' account and in order … [Read more...]

If a charterparty provides for delivery of cargo "free alongside", it is up to the shippers to arrange for delivery of the goods within reach of ship's tackle (cargo handling equipment) unless the custom of the port provides otherwise. In some ports the meaning of this expression may be different. Shippers have fulfilled their obligation if they have arranged for delivery of the goods on pan of the wharf although beyond reach of ship's tackle. … [Read more...]