A term used in place of “flag of convenience” or “flag of necessity” to denote registry in a country which offers favorable tax, regulatory, and other incentives to ship owners from other nations. [..]

A list of incoming and outgoing cargo checked by the tally clerk on the dock.

A space where alarm bells are installed on the bridge of a ship to trace or rectify any machinery faults. The computerized devices will report any fault immediately it appears and the engineers on boa [..]

Refers to tankers which have their cargo tanks free of traces of dark persistent oils which remain after carrying crudes and heavy fuel oils.

Contract of affreightment

Free in and out, stowed and trimmed

A non-bulk oil cargo composed of miscellaneous goods.

Ports in order of calling

Freight money collected or to be collected without calculating the expenses relating to the running cost of the ship for the voyage undertaken.

A vessel which has gone aground and is incapable of refloating under her own power.