Search results
Results from the WOW.Com Content Network
Below: a lower deck of the ship. [1] Belowdecks: inside or into a ship, or down to a lower deck. [13] Bilge: the underwater part of a ship between the flat of the bottom and the vertical topsides [14] Bottom: the lowest part of the ship's hull. Bow: front of a ship (opposite of "stern") [1]
Shipbuilding contract, which is the contract for the complete construction of a ship, concerns the sales of future goods, so the property could not pass title at the time when the contract is concluded. The aim of shipbuilding contract is to regulate a substantial and complex project which the builders and buyers assume long-term obligations to ...
It is estimated that during the period 2005-2019, the global shipping industry as a whole paid taxes corresponding to an effective corporate income tax rate of 7%, compared to the OECD average corporate tax rate of 23.7%. One of the main reasons for the favorable tax treatment was the tonnage tax arrangements of several countries. [2]
There are some clauses under the sales form protecting the interest of the buyer of the ship. For example, clause 9 of Sale Form 1993 has provided some limited protection for the buyer. Under clause 9, the seller warrants that the vessel is free from all charters, encumbrances, mortgages maritime liens, or any other debts whatsoever at the time ...
Washington, D.C.: Ship Structure Committee. Archived from the original on 2 April 2008; Tolf, Robert W. (1976). "4: The World's First Oil Tankers". The Russian Rockefellers: The Saga of the Nobel Family and the Russian Oil Industry. Hoover Press. ISBN 0-8179-6581-5. Transport Canada (1984). Standard for Inert Gas Systems (PDF).
Vertical transom and stern of a modern cargo ship. In some boats and ships, a transom is the aft transverse surface of the hull that forms the stern of a vessel. Historically, they are a development from the canoe stern (or "double-ender") wherein which both bow and stern are pointed. Transoms add both strength and width to the stern.
Sail components include the features that define a sail's shape and function, plus its constituent parts from which it is manufactured. A sail may be classified in a variety of ways, including by its orientation to the vessel (e.g. fore-and-aft) and its shape, (e.g. (a)symmetrical, triangular, quadrilateral, etc.).
The throat halyard hoists the throat of the sail (the end closer to the mast) at the forward end of the gaff and bears the main weight of the sail and the tension of the luff. [5] The peak halyard lifts the aft end of the gaff and bears the leech tension. Small craft attach the peak halyard to the gaff with a wire span with eyes at both ends ...