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Definitions (492)
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ballast leg
A voyage with no cargo on board to get a ship in position for the next loading port or docking. A ballast tank is a tank that is filled with seawater when a vessel is in ballast, in order to ensure st [..]
Meaning awaits approval from a moderator |
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6
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off-hire
The period a vessel is unable to perform the services for which it is required under a time charter. Off-hire periods typically include days spent undergoing repairs and drydocking, whether or not sc [..]
Meaning awaits approval from a moderator |
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3
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vessel response plan
A detailed plan of action for responding to a potential oil spill from a vessel in United States waters. The plan has to be submitted to the United States Coast Guard as set out under OPA ’90.
Meaning awaits approval from a moderator |
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2
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ballast leg
A voyage with no cargo on board to get a ship in position for the next loading port or docking. A ballast tank is a tank that is filled with seawater when a vessel is in ballast, in order to ensure s [..]
Meaning awaits approval from a moderator |
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1
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clean petroleum products
Liquid products refined from crude oil, whose color is less than or equal to 2.5 on the National Petroleum Association scale. Clean products include naphtha, jet fuel, gasoline and diesel/gasoil.
Meaning awaits approval from a moderator |
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1
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demise charter
An agreement for the hire of a vessel without crew for a period of time. The party that hires the vessel pays for all operating costs like crew, provisions, bunkers, port charges, canal charges and an [..]
Meaning awaits approval from a moderator |
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1
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offshore support vessel
A particular group of vessels designed tosupport the offshore oil and gas industry. Specific vessels in this group includes anchor handling tug supply vessel (AHTS), anchor handling tugs (AHT), crew b [..]
Meaning awaits approval from a moderator |
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1
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satpmshex
Saturday Afternoons, Sundays, Holidays Excepted.
Meaning awaits approval from a moderator |
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1
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satshex
Saturdays, Sundays, Holidays Excepted.
Meaning awaits approval from a moderator |
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voyage expenses
Expenses incurred due to a vessel’s traveling from a loading port to a discharging port, such as fuel (bunker) cost, port expenses, agent’s fees, canal dues and extra war risk insurance, as well as [..]
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