What is Deadfreight in Shipping?
Deadfreight is the freight amount for the non-provided cargo by the charterers. It is a…
heisenbergshippingNovember 28, 2024
What is a Charter Party in Shipping? Understanding the Essentials
A charter party is a foundational contract in the maritime industry. It details the terms…
heisenbergshippingNovember 12, 2024
What is Cabotage in Shipping?
In shipping, "cabotage" refers to transporting goods or passengers between two ports within the same…
heisenbergshippingOctober 28, 2024
Dry Docking
Dry docking is the procedure of taking a vessel from the water to facilitate maintenance,…
heisenbergshippingSeptember 1, 2024
What is Demurrage?
Demurrage is a penalty fee charged when cargo isn't loaded or unloaded within the agreed-upon…
heisenbergshippingAugust 25, 2024
Ship Charterer Definition
A ship charterer is a company that hires a ship from the shipowner to transport…
heisenbergshippingAugust 6, 2024
Time Charter Equivalent (TCE)
Time Charter Equivalent (TCE) is a key term used in the shipping industry. It indicates…
heisenbergshippingJuly 23, 2024
On Deck Shipment
On-deck shipments involve transporting cargo on the open deck of a vessel. This on deck…
heisenbergshippingMarch 26, 2024
Ship Hogging and Sagging
Ship hogging and sagging is a concept to determine the horizontal bending dynamics of ships.…
heisenbergshippingMarch 18, 2024
What Is Classification Society in Shipping?
A 'ship classification society,' 'ship classification organization,' 'ship class,' or simply 'class' refers to an…
heisenbergshippingDecember 5, 2023
