This phrase can be applied to a clause in the charterparty which provides for the place where and the legal system under which any disputes will be decided. … [Read more...]

The Federation of National Associations of Shipbrokers and Agents. This organisation was established in 1969 and comprises national (usually European) associations of shipbrokers and agents who deal with a wide variety of agency work, such as liner agency, port agency and shipbroking for the chartering of and sale and purchase of ships. In 1989, 22 national associations belonged to FONASBA.FONASBA performs purposes useful to chartering and shipping in general and this is recognised by its consultative status with UNCTAD, the United Nations Conference on Trade and Development, a special … [Read more...]

The flag which is displayed usually on the stern of the vessel is like an indicator or "badge" of the vessel's national identity or nationality. The term is also used to indicate the country, under the laws of which the ownership of the vessel is registered or recorded. The country of registry provides some protection of the ship and the ownership in the vessel and also exercises some control over tile vessel such as to ensure that it complies with international safety and pollution prevention regulations. … [Read more...]

To "fix" a ship is to determine or settle a contract (the Charterparty) for its employment. "Fixture" is the word that indicates the contract has been made and the negotiations to charter the ship have been concluded. … [Read more...]

This expression in a fixture report or in a charterparty refers to the date when a port is free from ice conditions sufficiently to allow ships to enter, load /discharge and leave. For example, a ship can be fixed to “ . . . load at First Open Water St Lawrence Seaway . . . ". … [Read more...]

If a charterparty states that the cargo will be loaded free of expense to the shipowner or other carrier but that he will pay for the discharging, the discharging is on liner terms (or "gross terms"), hence the use of this abbreviation. … [Read more...]

Fridays and holidays included … [Read more...]

Fridays and Holidays excluded … [Read more...]

This term in a charterparty can apply to the vessel's being loaded or discharged as quickly as is practical, possibly in relation to the custom of the part (COP) or "with customary quick despatch". … [Read more...]

This is a certificate from the port-health-authorities that the ship is without infectious disease or plague on board and therefore permitted to enter the port and to allow people to board and disembark. One of the conditions that must be met before a ship is considered to be "ready" to load or discharge and thus to allow laytime to commence is that it must be "legally ready". This includes permission from the port health authorities. In the old days (and perhaps in some ports even today) permission could be obtained by a lengthy process at the "quarantine anchorage" or similar waiting place … [Read more...]