Logistics
NOR
Acronym for Notice of Readiness, document through which the vessel's master formally communicates readiness to begin loading or unloading operations at the designated port.
Acronym for Notice of Readiness, document through which the vessel's master formally communicates readiness to begin loading or unloading operations at the designated port.
Acronym for Notice of Readiness, document through which the vessel's master formally communicates readiness to begin loading or unloading operations at the designated port.
Notice 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.
LogisticsLaytime
Period of time agreed in the charter party for the charterer to load or unload goods without additional costs. If exceeded, demurrage is charged; if saved, despatch is paid.
LogisticsStatement 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.
TransportationCharter Party
Contract between a vessel owner and a charterer for full or partial use of the vessel to transport cargo.