Party who enters into a contract with a charterer or shipper, as the case may be, for the carriage of cargo.

Cargoes fall into two basic categories: liquid and non- liquid, termed wet cargoes and dry cargoes. Each type is carried in different ways for different reasons

Repudiation of the contract, most often by the voyage charterer or time charterer when the ship misses her cancelling date, or by the time charterer when the sh

The bunker surcharge is a surcharge on the freight reflecting fluctuations in the price of fuel, aimed at ensuring that shipping lines are not out of pocket as

Single deck ships designed to carry homogeneous unpacked dry cargoes such as sugar or cereals. Such ships have large hatchways to facilitate cargo handling, hop

In this category fall the extra charges levied by shipping lines and liner conferences which do not come under the headings of temporary surcharges. They are ma

Clause in a bill of lading or charter- party which stipulates that, in the event of a collision between two ships where both are at fault, the owners of the car

Reservations made by a shipper or his agent with a carrier for the carriage of certain defined goods from a place of loading to a place of discharging. To reser

BIMCO is a shipping association providing a wide range of services to its global membership of stakeholders who have vested interests in the shipping industry,

BIMCO (the Baltic and International Maritime Council) publishes a number of standard time charter- parties covering a wide variety of situations. These are list