What is ballast and laden?
Laden/ballast ratio – A comparison of the time the vessel spends employed compared with the time spent without a cargo, which is sometimes used as a management tool to assess performance.
What is shipped on board date?
The Shipped on Board date is the date that the goods are loaded on the vessel as stated in your post.
What is on a BOL?
Information contained on the Bill of Lading includes: shipper and consignee names, name of the carrier, an itemized list of goods being transported, number of packages and kind of packaging, weight and/or volume of the cargo, each package’s freight class, terms of payment, special handling instructions, and freight …
What is laden voyage?
– Laden voyage – Except for pressure type gas carriers, cargo temperature and pressure control is mainly carried out at sea. Boil-off gases produced at sea are sent to reliquefaction plant and returned to the cargo tanks after being re-liquefied.
What is Aframax vessel?
A classification used to describe a large portion of the global tanker fleet is AFRAMAX. AFRAMAX vessels refer to ships between 80,000 and 120,000 deadweight tons. This ship size is popular with oil companies for logistical purposes, and, therefore, many ships have been built within these specifications.
What is vessel departure date?
ETD could be the estimated departure time of the shipper’s cargo on board a vessel or that of the transport vessel itself. An ETD normally means the expected date of departure while ETA means the expected date of arrival of an ocean carrier or cargo.
What is dirty bill of lading?
A bill of lading carrying a clause or endorsement by the master or mate of the ship on which goods are carried to the effect that the goods (or their packing) arrived for loading in a damaged condition. From: dirty bill of lading in A Dictionary of Business and Management »
What is straight bl?
Straight bill of lading is a non-negotiable bill of lading. It is used where the goods have been paid for or do not require payment such as donations or gifts. Under this bill of lading, the shipping company will deliver the shipment to its consignee on presentation of identification.
What is BOL and pod?
A BOL is a written receipt that confirms the transportation of goods by a carrier, while a POD is a receipt that the consignee signs after delivery of the cargo.
Why do I need a BOL?
A BOL is essential because every shipment starts and ends with one. It also protects the seller, the shipper, and the recipient. It will help to ensure appropriate transportation of all goods intended to be shipped, and if there is a problem, the bill of lading can help the parties figure out where the issue occurred.