Charterparty Incorporated
Which charterparty is being incorporated into a bill of lading • It is important to identify exactly which charterparty the…
Category: Merchant Shipping
Documentary credit system
Documentary credit system of transactionThis is a sort of money transfer system to enable sellers to obtain early payment soon…
Deviation
The master is expected to proceed from the load port to the discharge port without delay and without departure from…
BILL OFLADING (DELIVERY OF GOODS)
When a person, who is the holder of a bill of lading, does not want to negotiate it further, but…
INCOTERM
INCOTERMS in the short form for International Commercial Terms. It is the Trademark of International Chamber of Commerce. The Incoterms…
Insurance and Claims
VESSEL INSURANCE COVERAGE Company vessels are covered by several types of marine insurance policies, including Hull and Machinery – which…
SURVEYS OF HULL & MACHINERY ITEMS
All Class Record files, including Enhanced Survey files, where applicable, must be kept in safe custody of Master. The vessel…
Carriage of Goods by Sea Act (“COGSA”)
The Carriage of Goods by Sea Act (“COGSA”) defines the basic relationship—duties, liabilities, rights, and immunities—between ocean carrier and cargo…
Cyber security management plan
Contents of the Plan The ISM Code, supported by the IMO Resolution MSC.428(98), requires ship owners and managers to assess…
Checks to carry out in the bill of lading as master. Who is authorised to sign BL
Checks to be made before singing bills of lading Description & Condition of Cargo The Master must satisfy himself that…