Definition 5 of 63
Small amount of authority within a prescribed range of duties
Displacement
Bale cubic
Special Agent
Mates receipt
Definition 6 of 63
Cites specific entity for pickup of cargo
time charter
"Stright bill of lading"
Bill of lading
"to order bill of lading"
Definition 7 of 63
Waterline to top of hatch coaming
WLTHC
Broker
IACS
ABCs
,Definition 8 of 63
seller packages and puts it on their loading bay, buyer works from there
Ex Works
Bale cubic
Deadweight
Box hold
Definition 9 of 63
ship owner leases his vessel to the charterer for a period of time during which the use and
management of the vessel passes to the charterer. Charterer is to pay all expenses for the
operation and maintenance of the vessel.
time charter
"Stright bill of lading"
Demise charter
Voyage charter
Definition 10 of 63
all cargo spaced filled and at the appropriate plimsoll mark.
Maximized the volume of the ship and the weight carrying capacity.
"Cubed out"
Bale cubic
Special Agent
Full & down
, Definition 11 of 63
Allow the use of a ship for an agreed-upon time period (carrier supplies crew and has no
expenses).
"to order bill of lading"
time charter
National cargo bureau (NCB)
Bill of lading
Definition 12 of 63
60K- 64K
Dry bulk carriers classification: Panamax
Dry bulk carriers classification: Ultramax
Dry bulk carriers classification: Handymax
Dry bulk carriers classification: Cape size
Definition 13 of 63
Ship owner leases the vessel for the transport of the charterer's goods on a single voyage from
one port to another, at an agreed rate
3 Functions of the bill of lading
National cargo bureau (NCB)
time charter
Voyage charter
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