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"Demurrage" / d ɪ ˈ m ʌ r ɪ dʒ / [1] in vessel chartering is the amount of liquidated damages owed by a charterer to a shipowner when the charterer remained in possession of the vessel for the purpose of loading and unloading beyond the time allowed by contract. [2]
FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs.
So termed by the similar appearance of the model name to the word pooch: P30CH / POOCH. [193] Position light signal (Pennsylvania) Signals made by the Pennsylvania Railroad that make use of a circular disc with up to eight lights mounted in a circle, with one light in the center. The lights would line up in a straight line to give the indication.
See three-way junction 5-1-1 A transportation and traffic information telephone hotline in some regions of the United States and Canada that was initially designated for road weather information. A Access road See frontage road Advisory speed limit A speed recommendation by a governing body. All-way stop or four-way stop An intersection system where traffic approaching it from all directions ...
In some cases, a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, the freight rate. Freight rates may be on a per-ton basis over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers). Alternatively may be expressed in terms of a total ...
A delivery order (abbreviated D/O [1]) is a document from a consignee, or an owner or his agent of freight carrier which orders the release of the transportation of cargo to another party. [2] Usually the written order permits the direct delivery of goods to a warehouseman , carrier or other person who in the course of their ordinary business ...
Port of Singapore is currently the largest transshipment port in the world. [1]Transshipment, trans-shipment or transhipment is the shipment of goods or containers to an intermediate destination, then to another destination.
In South Africa, the term bogie is often alternatively used to refer to a freight or goods wagon (shortened from bogie wagon). Experiment, the first successful American locomotive with a bogie, built in 1831 to a design by civil engineer John B. Jervis. A locomotive with a bogie was built by engineer William Chapman in 1812. It hauled itself ...