Merchant Shipping Archives | Knowledge Of Sea

Impact of Weather Conditions on Charter Performance Claims

Under a time charter trip from South Africa to China, Owners warranted the vessel’s performance in good weather conditions. The

It is common for an element of speed and performance claims to be included in final hire disputes at the

Which charterparty is being incorporated into a bill of lading • It is important to identify exactly which charterparty the

Documentary credit system of transactionThis is a sort of money transfer system to enable sellers to obtain early payment soon

The master is expected to proceed from the load port to the discharge port without delay and without departure from

When a person, who is the holder of a bill of lading, does not want to negotiate it further, but

INCOTERMS in the short form for International Commercial Terms. It is the Trademark of International Chamber of Commerce. The Incoterms

VESSEL INSURANCE COVERAGE Company vessels are covered by several types of marine insurance policies, including Hull and Machinery – which

All Class Record files, including Enhanced Survey files, where applicable, must be kept in safe custody of Master. The vessel

The Carriage of Goods by Sea Act (“COGSA”) defines the basic relationship—duties, liabilities, rights, and immunities—between ocean carrier and cargo