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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 ...
The difference in these two ranges probably reflects the wording. For example, 120 mobiles may mean radios: 60 units each containing a mobile radio and an officer with a walkie talkie. [6] For dispatch systems like take-out food delivery, where life safety is not an issue, delays may be acceptable. Delays increase capacity.
Consignment (Latin: consignatio, meaning "securitization" or "document") is a traditional legal and accounting technical term for logistics and business management and describes a special form of delivery of goods. [5] Generally, three conditions must be met for a good to be considered part of a consignment trade:
The Standard Marine Communication Phrases (SMCP) is a set of key phrases in the English language (which is the internationally recognised language of the sea), supported by the international community for use at sea and developed by the International Maritime Organization (IMO). They aim to explain: 1) external communication phrases – ship to ...
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Livestreaming, live-streaming, or live streaming is the streaming of video or audio in real time or near real time. While often referred to simply as streaming, the real-time nature of livestreaming differentiates it from other non-live broadcast forms of streamed media such as video-on-demand, vlogs and video-sharing platforms such as YouTube ...
Harry Styles dropped a music video for his "Harry's House" hit "Satellite" on May 3. Here's what the lyrics behind the bop might mean.