Transcription of Terms and Expressions in Shipping and Offshore
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Terms and Expressions in Shipping and Offshore
Terms and Expressions in Shipping and Offshore General Shipping Terms Types of Ships Vessel Sizes Geographical Abbreviations Capacity Measurements Offshore Terms Offshore Vessels Types of Affreightment Worldscale Abbreviations General Shipping Terms Arbitration - a method of settling disputes by one or more arbitrators. Quicker and cheaper than taking a case to court. Bareboat - the hiring or leasing of a vessel from one company to another (the charterer), which provides crew, bunkers, stores, etc. and pays all operating costs. Barrel - measure for oil.
Terms and Expressions in Shipping and Offshore General Shipping Terms Types of Ships Vessel Sizes Geographical Abbreviations Capacity Measurements
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