![]() Refers to marine matters such as an Admiralty Court. This charge generally applies when the port stipulated in the contract is inaccessible or when the discharge there would result in unreasonable delay to the ship: under these circumstances, the shipping line may have an option under the contract of carriage to proceed to another port of discharge the cargo where extra costs may be incurred.Ī representative of a government commission or agency vested with power to administer oaths, examine witnesses, take testimony, and conduct hearings of cases submitted to, or initiated by, that agency. The daily rate of additional demurrage is agreed in the Charter-Party.Įxtra charge imposed in accordance with the contract of carriage by a shipping line on the shipper, receiver or Bill of Lading holder, as the case may be, for additional expenses incurred in discharging the cargo. State trading countries regularly include a 5% address commission in their orders.Īmount of money paid to the shipowner by the voyage charterer, shipper or receiver, as the case may be, for failing to complete loading or discharging before the agreed period of free time has expired. ![]() The reason for this system is sometimes said to be that the charterer’s shipping department for bookkeeping purposes must show some kind of income from their activities. Customs’ master computer system, “Automated Commercial Systems.”Īn act beyond human control, such as lightning, flood or earthquake.įreight calculated on the value of the goods, expressed as a percentage thereof.Ĭommission payable by the shipowner to the charterer. When a bill of lading is accepted or signed by a shipper or shipper’s agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.Ī written receipt in full, in discharge from all claims. This term is used when referring to a bank account and when allocating costs, such as in the phrase “for the a/c of charterers” ![]() Original Bill of Lading which has been surrendered to the carrying ship at the discharge port in exchange for the goods. – Broadly speaking, any agreement to purchase goods under specified terms.Ĭharges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery. – A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity. These are then listed together with the amendments sought. Term used by either the shipowner’s broker or the prospective charterer’s broker during the negotiations for the charter of a ship to signify that an offer or counter-offer is accepted apart from certain clauses or details. 25,000 LT 5% more or less, at owner’s option) when referring to a period of time, usually 15 days, although each case is considered on its own merit, In connection with bunkers, “about” has been interpreted to mean 5% latitude regarding speed, the tolerance is generally one half knot. “about” usually covers a margin of 5 % either way (i.e. One carrier assumes the charges of another without any increase in charges to the shipper.Ī conditional term used in qualifying cargo, time, bunkers or speed, when discussing cargo. Referring to cargo being put, or laden, onto a means of conveyance. ![]() Customs’ “Automated Broker Interface,” by which brokers file importers’ entries electronically. Term in Charter-Party which stipulates that the charterer must not order the ship to a port or berth where she would touch the bottom or perhaps be unavailable at any time due to tidal variations.Ī point beyond the midpoint of a ships length, towards the rear or stern.Ī proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.Ī discount allowed for damage or overcharge in the payment of a bill. ![]()
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