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1
To give up the possession of a vessel, usually when in a position of danger
Abandonment
2
The charge customarily made in certain north african ports for the use of jetty and usually levied on the net registered tonnage of the ship.
Accostage
3
Generally interpreted as any accidents as to which it can be shown that is due to natural causes directly and exclusively, without human intervention.
Act Of God
4
According to the value
AD VALOREM
5
A duty base upon the value o goods
AD VALOREM DUTY
6
Freight chargeable on the value of the goods shipped and not weight or measurement.
FREIGHT
7
The freight on cargo shipped undrr charter-party is payable at destination upon delivert to consignees.
ADVANE FREIGHT
8
Charges or remuneration payable by the ship owner to the agents for services rendered at loading or discharging port.
Agency Fees
9
One who represents a principal, or buys or sells for another.
Agent
10
Method by which seaman may allot part of his wages regularly to near relative or savings bank.
Allotment
11
to cancel or render void
Annul
12
To process o submitting matters of dispute or of a controversial nature of the judgement of an agreed person, or persons without applying to courts for settlements.
Arbittration
13
Vessel arrived at berth or off the port according to charter party terms
Arrived ship
14
Usually termed general or particular average
Average loss
15
Can be claimed by ship owner if goods cannot be discharged at the port of destinations owning to circumstances beyond the control o the ship owner or master and, the goods have to be returned to the original port o shipment.
Back freight
16
Person to whom goods are entrusted for a special purpose
Baillee
17
The maximum draught to which a vessel can load in order to cross a bar safely.
Bar draught
18
A river port which cannot be reached without crossing a bar
bar port
19
Any wilful act of misdemeanour committed fraudulent and with crimminal intent by the master and/or crew against the vessel or cargo without the knowledge or consent of the owners.
barratry
20
In the liner trades exporters frequently make forward booking at current rates of freight
benefit of all
21
The charge made for use of a berth
Berthage
22
Sometimes called a booking note, this is form of chartering contract used when it is desired to ship a large parcel of cargo (usually in bulk) for carriage by a ship trading on the berth.
berth note
23
Process of master pledging his ship or part of it to secure money to enable voyage to continue.
bottomry bond
24
Commission charged for securing and transacting business connected with shippin
Brokerage
25
The date mutually agreed upon between ship owner and characters, on which the vessel must be ready to load at the latest.
cancelling date
26
Special clauses customarily inserted in a voyage charterparties, relieving the characters from further liability as soon a the cargo is shipped and the advance freight, dead freight and demurrage and average.
cesser clause
27
Coal charter party term- indicating the first and last days are not included in the counting of time.
clear days
28
The relationship between the ship's deadweight cargo carrying capacity and her cubic capacity for cargo
coafficient of loading
29
To send goods from one place to another
consign
30
Name of agent, company, person receiving consignment.
consignee
31
Goods smuggled into a country avoiding duty.
contraband
32
The charge made for the hire of a crane to load or discharge goods too heavy to be lifted by the ship's own gear.
cranage
33
Charter party term indicating that loading/discharging will be undertaken in accordance with established custom of the specified.
custom port
34
Cargo classified as dangerous for which is specials shipment precautions are recommended.
dangerous cargo
35
The sum payable ship owner when charterer had failed to load "a full and complete cargo" in accordance with the provisions of the contract.
deadfreight
36
Payable on cargo agreed by charterers to be shipped but not actually shipped
freight
37
Compensation paid to ship owners for delay of a vessel beyond the stipulated timen in charter on agreed time.
demmurrage
38
Days saved in loading or discharge of a vessel within the time (last days) allowed under the charter party.
despatch days
39
Bonus paid to charterer for loading and/or discharging a vessel in less time than stipulated in charter party.
dispatch money
40
Charges levied on shipping for the use of docks and generally calculated on the net:
dock dues
41
Process of carrying out a task to a satisfactory reasonable standard.
due diligence
42
Taxes levied by customs on imported or exported goods.
duties
43
The clause in a marine insurance time policy which defines the commencement and termination of the risk.
duration clause
44
An or of prohibition in trade or shipping issued by a government.
embargo
45
A term used in the coal trade meaning the margin of profit which a merchant puts on his cost selling price.
fittage
46
Conclusion of ship brokers negotiations to a charter a ship.
fixture
47
Goods lost by shipwreck and found floating at sea
flotsam
48
The charter party provides for delivery of cargo free alongside.
free alongside
49
Charter party term indicating shippers/consignee or charterers responsible for bearing cost of loading and discharging cargo.
free in and out
50
Ownership of subject matter insured.
insurable interest
51
Disclosure of all materials facts as act of fidelity
good faith
52
A contract to see performed what another has undertaken
guarantee
53
Charge made from permission to anchor.
groundage
54
A marine insurance term denote that the underwriters have accepted the risk although no formal marine policy has yet been issued.
held covered
55
The pledging of a ship of or cargo for financial advances mades.
hypothecation
56
Security of compensation against loss or damage.
indemnity
57
A defect or inherent quality of the goods or their packing which by itself may contribute to their deterioration, injury, wastable of final destruction without any negligence or other contributing causes.
inherent vice
58
This refers to the natural tendency of certain goods to deteriorate.
inherent vice defect of goods in
59
A legal prohibition or restraint, a upon the infringemen of patent right
injunction
60
Goods thrown overboard to lighten vessel and afterwards washed ashore.
jetsam
61
Voluntary act of throwing overboard cargo, stores, etc in time ship's peril
jettison
62
Cargo jettisoned but bouyed for the recovery.
legan
63
A vessel is laid up when moored in harbour etc,, for want of employment.
laid up
64
A charter party in which neither the nature of the cargo nor tye ports of destination are specified.
open charter
65
Authoritt to dock company or wharfinger to receive goods from a shipm
landing order
66
Days allowed for loading or discharging of vessel inder charter party.
lay days
67
Tye cost of transporting coal the colliery to the port of loading.
leadage
68
Charges which may arise in connection with the carriage of sulphur in bulk.
levelling charges
69
A term used in connection with contracts of sale.
loco price