What is TOWCON?
Overview. TOWCON is an international ocean towage agreement on a lump sum basis. The form is aimed at the commercial towage sector and is not intended for use in port towing. The latest edition of this contract is TOWCON 2021.
What is light ballast condition?
“A vessel is normally said to be in “light ballast condition” when she is carrying (as well as any “constants” and consumables) the minimum ballast that will enable the particular vessel to proceed safely and in a seaworthy condition on her intended voyage.”
What is towage contract?
Towage is based upon the employment of one vessel by another which means a contract to employ that vessel. In most cases, contract will be in a standard form and part of this work will be taken up by a detailed consideration of the standard form contracts in most common use.
What is bimco contract?
BIMCO contracts All of BIMCO’s most widely used charter parties, bills of lading and other standard agreements are available in an electronic format using BIMCO’s online pay-as-you-go charter party editing system, SmartCon. Recently Viewed.
What is a synonym for ballast?
In this page you can discover 31 synonyms, antonyms, idiomatic expressions, and related words for ballast, like: load, equipoise, judgment, poise, sandbag, sandbags, brace, tamping, counterbalance, light ballast and ballast-resistor.
What is towage and pilotage?
The pilot, the local advisor who act as an advisor and provides navigational assistance to the master of the ship to and from the port of Vaasa.
What is Pilotage in shipping?
PILOTAGE:The act carried out by a pilot of assisting the master of a ship in navigation when entering or leaving a port. Sometimes used to define the fee payable for the services of a pilot.
What is bunker clause?
This “bunker clause” in a time charterparty stipulates that charterers shall accept and pay or all coal or fuel oil in the vessel’s bunkers at port of delivery and, conversely, owners shall take over and pay for all coal or fuel ail in the vessel’s bunkers at the port of redelivery at the current price at the …
What is contract of affreightment in shipping?
A contract of affreightment is a contract between a ship-owner and a charterer, in which the ship-owner agrees to carry goods for the charterer in the ship, or to give the charterer the use of the whole or part of the ship’s cargo-carrying space for the carriage of goods on a specified voyage or voyages or for a …
What is an antonym for ballast?
Antonyms. unstable uneven agitated unsteady irresolute.
What is ballast and laden?
Laden/ballast ratio – A comparison of the time the vessel spends employed compared with the time spent without a cargo, which is sometimes used as a management tool to assess performance.
What are the conditions to be taken before ballast operation?
When planning and carrying out operations with ballast water the following factors must be taken into account: Shear Force and Bending Moment. Stability and Free Surface Effect. Slack Tanks.
What pilotage means?
Definition of pilotage 1 : the action or business of piloting. 2 : the compensation paid to a licensed ship’s pilot.
What is pilotage in ship?
Pilotage consists of providing on-board assistance to the captains of ships and other seaborne vessels to help them enter and leave the port and with any other manoeuvres within the port waters, ensuring their safety under the terms defined in the Law of State Ports and Merchant Shipping, in the Regulations controlling …
What is pilotage in Marine?
As defined in the Pilotage Act, pilotage refers to activities related to the navigation of vessels in which the pilot acts as an advisor to the master of the vessel and as an expert on the local waters and their navigation.
What are bunker rates?
Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. It was imposed to make up for the extra charges incurred during the shipment of goods.
What is the difference between charter party and contract of affreightment?
While it is possible to have a charter party of less than the entire ship, as a general rule a charter party deals with the full reach of a ship while a contract of affreightment deals with carriage of goods forming only part of the cargo and coming under a bill of lading.
What is the difference between contract of carriage and contract of affreightment?
Difference between a contract of affreightment and a contract of carriage. The contract of affreightment is between the charterer and the shipowner. The contract of carriage is between the carrier and the shipper. The charterer pays for the freight as per the contract.