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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
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.
[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 ...
However, a travel version of the box is also available in black, which offers the same level of security as a red box, but is designed to be less conspicuous. In practice ministers use despatch boxes for transporting the majority of their documents due to the greater level of security they offer.
The Merchants Despatch Transportation Company (MDT, also known as the Merchants Despatch Refrigerator Line) was established in 1857 or 1858 by the American Express Company of New York (then a freight forwarding service).
A despatch box (alternatively dispatch box) is one of several types of boxes used in government business.Despatch boxes primarily include both those sometimes known as red boxes or ministerial boxes, which are used by the Sovereign and his ministers in the British government to securely transport sensitive documents, and boxes used in the lower houses of the parliaments of the United Kingdom ...
The Hague Rules of 1924 effectively codified, albeit in a diluted form, the English common law rules to protect the cargo owner against exploitation by the carrier. Nearly 50 years later, the Hague-Visby "update" made few changes, so that the newer Rules still applied only to "tackle to tackle" carriage (i.e. carriage by sea) and the container ...
Dispatch is a procedure for assigning employees (workers) or vehicles to customers. Industries that dispatch include taxicabs, couriers, emergency services, as well as home and commercial services such as maid services, plumbing, HVAC, pest control and electricians.