Search results for: “chartering”
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Running Days
Running Days in International Trade Meaning of Running Days, according to the Dictionary of International Trade (Global Negotiator): A vessel chartering term meaning days that run consecutively after each other.
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Fhex
Fhex in International Trade Meaning of Fhex, according to the Dictionary of International Trade (Global Negotiator): A term meaning that Fridays and Holidays are Excluded in calculating the laytime for vessel chartering.
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Gross Terms
Synonymous with Gross Charter (read this and related legal terms for further details)….
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Shipbroker
Shipbroker in International Trade Meaning of Shipbroker, according to the Dictionary of International Trade (Global Negotiator): In vessel chartering, a party who acts as an intermediary in return for a fee or brokerage, negotiating the terms of a contract between charterer and vessel owner.
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Shex
Shex in International Trade Meaning of Shex, according to the Dictionary of International Trade (Global Negotiator): A term meaning that Sundays and holidays are excluded in calculating the laytime for vessel chartering.
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Shicn
Shicn in International Trade Meaning of Shicn, according to the Dictionary of International Trade (Global Negotiator): A term meaning that Sundays and holidays are included in calculating the laytime for vessel chartering.
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Fhinc
Fhinc in International Trade Meaning of Fhinc, according to the Dictionary of International Trade (Global Negotiator): A term meaning that Fridays and Holidays are Included in calculating the laytime for vessel chartering.
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Maritime Law Scope
Maritime Law: The Scope of Maritime LawIntroduction to Maritime Law ScopeLiability for common-law wrongs is enforced by the maritime law of the United States and the United Kingdom (see Common Law; Tort). Maritime torts include all illegal acts or direct injuries arising in connect…
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Owner's Broker
A broker representing the vessel owner in ship chartering….
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Address Commission
A commission payable to a third party arising from a contract to charter a ship. Commonly known as ADCOM, this is not a brokerage fee but an additional commission paid by the vessel to any third party named by the charterer. An adcom is usually expressed as a percentage of the charter hire of the…
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U.S. Labor law and movement history
Labor law and organized labor history of the United States See U.S. Labor law and movement history 2 Labor law history is an effectoffspring of the social and political action of the working class movement. While this movement started its first revolts in seventeenth-century Europe, it was only capable of organizing itself in the nineteenth…