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Tag Archives: WORLD SCALE

Charter Party

What is a liner trade and how is it different from a tramp trade Liner trade is a trade where a ship is operated on one or more fixed routes with advertised and scheduled sailing. True passenger liners operating on ocean services were mostly displaced

World Scale & AFRA Scale

World Scale 1. World Scale is the “World Tanker Nominal Freight Scale” and is a schedule of freight rates applying to tankers carrying Oil in bulk. 2. Nominal means that the freight rates which world scale provides are intended solely as a standard of reference.