Charter Parties
Charter Party (C/P) : A C/P is defined as a contract between a ship-owner and charterers for the use of…
Category: Merchant Shipping
Demurrage
General Principles (a) Freight No discussion on the subject of demurrage would be complete without a few words on the subject…
Bill Of Lading
Bill of Lading : Functions of Bill of Lading : 1. Document of title – whoever holds the B/L is the Owner of…
Requirement and significance of Bill of Lading Clauses
Everyone involved in the shipping and freight industry would have come across various clauses and stamps on a Bill of…
Note Of Protest
Noting Protest Noting protest may help resist cargo loss or damage claims on the owner. A protest is a solemn…
Mortgages and Liens
Mortgages : 1. Ship owners often take loans purchase of ships. For this purpose, the lenders and the ship owners…
Signing Bill Of Lading
One of the most important functions of a bill of lading is that it provides information as to the description…