Basic terms of shipping
Sublease contract A contract between the charterer and the next home. The terms and conditions of the contract are the same as those contracted by the charterer and the shipowner (often referred to as Headcontract). The purpose of the same clause is to ensure that any money the charterer may have to pay to the next home, such as the speed squad, can be recovered from the shipowner. No-load driving The reasons for the ship to be idling between the two ports are: (1) there is no cargo that can be shipped at the port of discharge; (2) in some cases, the ship may have a series of voyages between the two ports, but only one The goods in the direction are suitable for transport; (3), and in other cases. It is more cost-effective to sail to a port to ship high-freight goods than to ship with low-freight goods. Rate level A category on a shipping company or liner's tariff, each category consisting of a single fee class and a group of goods applicable to that rate. These levels are changed to numbers for easy identification. W or M may be added to the front to indicate whether the shipping cost is calculated by weight or by size. Additional demurrage The amount paid to the shipowner by the voyage charterer, shipper or consignee, depending on the circumstances, due to failure to complete loading and unloading within the agreed lag period. The daily rate of the additional demurrage fee is agreed in the charter party. Rebate commission The commission paid by the shipowner to the charterer is expressed as a percentage of freight or rent, usually 2.5%. Although this commission is used by the charterer as a means of reducing freight or rent, it may be adjusted by the shipowner. Liner transportation A service provided by a shipping company, the cargo ship is regularly operated at the loading and unloading port of the scheduled announcement. Shipping costs are calculated based on the rate of the company's tariff.
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