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despatch, the inverse of demurrage, paid by the shipowner to the charterer under a voyage charter when a ship is loaded or unloaded in less time than allowed in the charter party Merchants Despatch , a refrigerated freight transporting company, which founded the village of Despatch, New York
[5] [6] If the whole period of laytime is not needed, a refund called "despatch" may be payable by the shipowner to the charterer. Despatch is normally paid at 50% of the demurrage rate, but that depends on the terms of the charterparty. The ship may thus be able to leave port early. Despatch does not normally apply to tanker charters ...
Laytime applies to both liner shipping and tramp shipping. In the oil industry, it refers to the excess time taken to discharge or load, as the case may be, in excess of the allowed laytime. Laytime is the term used to quantify the time allowed within which an operation is allowed to be made.
binnacle list A ship's sick list. The list of men unable to report for duty was given to the officer or mate of the watch by the ship's surgeon. The list was kept at the binnacle. bird farm United States Navy slang for an aircraft carrier. bite Verb used in reference to a rudder, as in "the rudder begins to bite". When a vessel has steerageway ...
If laytime is saved, the charter party may require the shipowner to pay despatch to the charterer. [1] A time charter is the hiring of a vessel for a specific period of time. The owner supplies the vessel and crew, but the charterer selects the ports, route and vessel speed, the last being a significant determinant of carbon dioxide emissions.
Measurements of communications may reflect dispatch capacity. A partial definition of capacity comes from the number of communications channels required to support a dispatch fleet. Two metrics of channel capacity may be: 1) the number of field units or resources dispatched, and; 2)number of push-to-talk presses per day. [3]
An advance ship notice or advance shipping notice (ASN) is a notification of pending and upcoming deliveries matched to the prior provided packing list. It is usually sent in an electronic format and is a common EDI document.
Order processing is the process or work-flow associated with the picking, packing, and delivery of the packed items to a shipping carrier and is a key element of order fulfillment. Order processing operations or facilities are commonly called “ distribution centers ” or “DC 's”.