Deadweight Tonnage (DWT)

What is Deadweight Tonnage?

The word ‘ton’ in shipping can denote both weight and capacity. Loaded displacement tonnage is the actual weight of the ship and cargo. Light displacement tonnage is the actual weight of the ship. The difference between the loaded displacement and the light displacement is the weight that the ship can actually carry and is known as the Deadweight Tonnage (DWT).

Bale Capacity and Grain Capacity - what is the difference?

Ship bale and grain capacity measurements are provided by shipyards for dry cargo ships. Ship bale and grain capacities are used for measuring cargo space availability for bulk or non-bulk cargoes. 

Ship bale and grain capacity measurements show the actual volumes available for cargo in numbers. Grain capacity is the space that is available for liquid-type cargo, like bulk grain, which can flow into every corner. Bale capacity is the space that is available for bagged or baled cargoes. Generally, a ship’s bale capacity is about 7–10% less than grain capacity. 

Arrived ship

The Laytime

It is clearly important to determine when laytime commences since this is the key to the division of responsibility for the time spent at the load and/or discharge port. Most charterparties require the owners to serve a notice of readiness at load or discharge port stating that the vessel is ready in all respects for cargo operations, the notice of readiness constitutes the contractual step which is required to trigger the commencement of laytime. Due to this, charterparties usually contain provisions which stipulate when notice of readiness may be contractually served and when laytime commences once notice of readiness has been validly served.

Types of bulk carriers (one more post)

I saw this picture and understood that I cannot avoid posting it. :)

Types of bulk carriers - part 2 (briefly)

In our previous post we have learned much about the types of bulk carriers. However in practice all one needs to know is always less, than they write in books. Thus, this article is here to show you all you need to know about classification of bulk carriers according to their size.

Types of bulk carriers

I would like to enlighten the basics, which will understand the whole picture. And another good book will help me out. It's named "Bulk carrier practice" by Captain J Isbester. It was written in 1990's, so the information might be outdated, but the basics are still the same:

What is a Charter Party?

The most general determination of a Charter Party term is:

A contract by which an entire ship, or some principal part thereof, is let to a merchant for the conveyance of goods on a determined voyage to one or more places.

Charter parties could be divided in the following basic categories:

Shipping terminology and acronyms / Glossary

А

AA	Always Afloat
AAAA	Always Accessible Always Afloat
AAOSA	Always Afloat or Safe Aground. Condition for a vessel whilst in port
AARA	Amsterdam-Antwerp-Rotterdam Area
ABAFT	Toward the rear (stern) of the ship. Behind.
ABOARD	On or within the ship
ABOVE DECK	On the deck (not over it - see ALOFT)
ABT	About
ADA	All details about
ADCOM	Address Commission
ADDENDUM	Additional chartering terms at the end of a charter party
AFSPS	Arrival First Sea Pilot Station (Norway)
A/E	Accept/Except