A charter contract rate for a particular vessel to move a single cargo between specified loading and discharge ports in the immediate future.

Related Terms

AFT

Back of the vessel.

ASTERN

A backward movement of a vessel

ATHWARTSHIP

Across the ship, at right angles to the fore-and-aft centerline

BULK CARGO

Cargo such as oil, coal, ore, woodchips, etc. not shipped in bags or containers

UPBOUND

A vessel traveling upstream.

BEAM

The width of a ship. Also called breadth.

BREADTH

The width of a ship.

TRAMP FREIGHTER

A cargo ship engaged in the tramp trade.

AFFREIGHTMENT

A hiring of a vessel

COLD CRANKING SIMULATOR

An intermediate shear rate viscometer that predicts the ability of an oil to permit a satisfactory cranking speed to be developed in a cold engine. (CCS)

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