Logistics
SOF
Acronym for Statement of Facts, detailed record of the temporal sequence of events during a vessel's stay at port. Basis for laytime calculation and determination of demurrage or despatch.
Acronym for Statement of Facts, detailed record of the temporal sequence of events during a vessel's stay at port. Basis for laytime calculation and determination of demurrage or despatch.
Acronym for Statement of Facts, detailed record of the temporal sequence of events during a vessel's stay at port. Basis for laytime calculation and determination of demurrage or despatch.
Statement of Facts
Document chronologically recording all events related to the vessel's stay at port, including arrival, anchorage, berthing, start and end of operations, interruptions, and departure.
LogisticsLaytime Calculation
Process of computing the time used for loading and unloading versus the time allowed in the contract. Determines whether demurrage is payable to the shipowner or despatch to the charterer.
LogisticsDemurrage
An additional charge by the shipping line when a container is not returned within the agreed free time period after discharge at port.
LogisticsNotice of Readiness
Formal notification from the master to the charterer or their agent indicating the vessel has arrived at port and is ready to load or unload. Its acceptance starts the laytime clock.