Documentation and Contracts
Expert-defined terms from the Global Certificate in Ship Chartering and Cargo Operations (United Kingdom) (Part II) course at LearnUNI. Free to read, free to share, paired with a professional course.
Abstract of title is a summary of all the records affecting the <i… #
Acceptance is the agreement by a charterer to accept a ship for charter and to be bound by the terms and conditions of the charterparty. Accession is the process by which a country becomes a party to an international treaty or convention, such as the United Nations Convention on the Carriage of Goods by Sea.
Acknowledgement is a statement or document that confirms th… #
Admeasurement is the process of measuring a ship to determine its tonnage and capacity, which is used to calculate tonnage taxes and dues. Administration is the process of managing a ship or a shipping company, including all aspects of operation, maintenance, and compliance with regulations and laws.
Admiralty is a term that refers to the jurisdiction and … #
Agency is the relationship between a principal and an agent, where the agent is authorized to act on behalf of the principal in maritime matters, such as a ship broker or a shipping agent. Amendment is a change or modification to a contract or a document, such as a charterparty or a bill of lading, which is used to update or revise the terms and conditions of the agreement.
Annual survey is a regular inspection of a ship that is … #
Application is a request or a petition to a court or a tribunal for a specific relief or remedy, such as an application for a stay of proceedings or an application for security for costs. Appointment is the process of selecting or nominating a person or a company to perform a specific task or function, such as the appointment of a ship surveyor or a maritime expert.
Appraisement is the process of determining the value of a <… #
Arbitration is a method of resolving disputes that involves the appointment of a neutral third party to hear and decide the dispute, which is used to resolve disputes between parties to a contract or a charterparty. Arrived ship is a ship that has arrived at its destination and is ready to commence loading or discharging cargo.
Assignment is the transfer of a right or an interest in a <… #
Authority is the power or the right to act or to make decisions on behalf of a principal or a company, which is used to authorize a person or a company to act on behalf of a ship or a shipping company. Availability is the state of being ready and able to perform a specific task or function, such as the availability of a ship to load or discharge cargo.
Average is a term that refers to a loss or a damage … #
Bareboat charter is a type of charter where the charterer has complete control over the ship and is responsible for all aspects of its operation and maintenance. Berth is a location in a port or a harbor where a ship can moor or anchor, which is used to load or discharge cargo or to perform repairs or maintenance.
Bill of lading is a document that evidences the contract of… #
Bunker is a term that refers to the fuel used by a ship, such as coal or oil, which is used to power the ship and to generate electricity and heat. Bunker survey is a process of measuring the quantity of bunker fuel on board a ship, which is used to determine the quantity of fuel that has been consumed during a voyage or a period of time.
Canal is a man #
made waterway that connects two bodies of water, such as a sea or an ocean, and is used to facilitate the passage of ships and to reduce the distance and time required for a voyage. Cargo is a term that refers to the goods or the commodities that are being carried by a ship, which can include a wide range of products, such as grains, minerals, or manufactured goods. Cargo plan is a document that outlines the arrangement and the stowage of cargo on a ship, which is used to ensure the safety and the stability of the ship and to optimize the use of space on the ship.
Certificate of registry is a document that evidences the regist… #
Charter is a contract between a shipowner and a charterer for the use of a ship for a specific period of time or for a particular voyage, which is used to establish the terms and conditions of the agreement and to define the rights and the obligations of the parties involved. Charterparty is a document that evidences the charter of a ship and the terms and conditions of the agreement, which is used to provide evidence of the charter and to define the rights and the obligations of the parties involved.
Classification is the process of assigning a class or a … #
Classification society is an organization that is responsible for classifying ships and for establishing and maintaining the standards for ship safety and seaworthiness, such as the Lloyd 's Register of Shipping or the American Bureau of Shipping. Coastal state is a country that has a coastline along a sea or an
Commission is a fee or a payment that is made to a broker o… #
Condition is a term or a provision in a contract or a charterparty that specifies a particular requirement or a standard that must be met or complied with, which is used to define the obligations and the responsibilities of the parties involved. Confidentiality is the obligation of a party to a contract or a charterparty to keep confidential any information or any data that is provided by the other party, which is used to protect the interests and the rights of the parties involved.
Contract is a legally binding agreement between two or more… #
Convention is an international treaty or agreement that establishes standards and regulations for a specific area or industry, such as the United Nations Convention on the Carriage of Goods by Sea.
Counterpart is a copy of a document that is signed by one o… #
Court is a tribunal or a forum where disputes are heard and decided, which is used to resolve disputes between parties to a contract or a charterparty and to enforce the rights and the obligations of the parties involved. Crew is the personnel who are employed on a ship to operate and to maintain the ship, which includes the master, the officers, and the seamen.
Customs is the government agency that is responsible for <i… #
Damage is a loss or a harm that is caused to a ship or to a cargo, which can be caused by a variety of factors, including accidents, negligence, or natural disasters. Dead freight is a charge that is made by a shipowner to a charterer for the space that is not utilized by the charterer on a ship, which is used to compensate the shipowner for the loss of revenue due to the under utilization of the ship 's capacity.
Deadline is a date or a time by which a task or a requir… #
Declaration is a statement or a document that is made by a party to a contract or a charterparty to provide information or to disclose a fact or a circumstance, which is used to provide evidence of the agreement and to facilitate the execution of the document. Delivery is the act of transferring the possession of a ship or a cargo from one party to another party, which is used to complete a sale or a charter and to transfer the ownership or the control of the ship or the cargo.
Demise is the act of transferring the possession of a sh… #
Demurrage is a charge that is made by a shipowner to a charterer for the delay in loading or discharging a cargo, which is used to compensate the shipowner for the loss of revenue due to the delay. Deposit is a payment that is made by a charterer to a shipowner as a guarantee of the charterer 's performance of their obligations under the charterparty, which is used to secure the shipowner 's interests and to ensure that the charterer complies with the terms and the conditions of the agreement.
Disbursements is a payment that is made by a shipowner or a… #
Discharge is the act of unloading a cargo from a ship, which is used to complete a voyage and to deliver the goods to the consignee. Dispatch is a payment that is made by a shipowner to a charterer for the time that is saved by the charterer in loading or discharging a cargo, which is used to incentivize the charterer to complete the loading or discharging operations in a timely manner.
Dock is a structure that is used to support a ship t… #
Dockage is a charge that is made by a port or a terminal for the use of a berth or a dock, which is used to compensate the port or the terminal for the costs and the expenses that are incurred in providing the facilities and the services. Draft is the depth of a ship in the water, which is used to determine the ship 's stability and its ability to operate in a safe and an efficient manner.
Dues is a fee or a payment that is made by a shipowner</… #
Employment is the act of engaging a ship or a crew for a specific purpose or a voyage, which is used to establish the relationship between the shipowner and the charterer and to define the rights and the obligations of the parties involved. Escrow is a fund or a account that is established to hold a payment or a deposit that is made by a charterer to a shipowner, which is used to secure the shipowner 's interests and to ensure that the charterer complies with the terms and the conditions of the agreement.
Estimate is a document or a statement that provides an a… #
Exception is a clause or a provision in a contract or a charterparty that exempts a party from a particular obligation or a responsibility, which is used to limit the liability of a party and to protect their interests.