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A heavily listing ship. The angle of list is the degree to which a vessel heels (leans or tilts) to either port or starboard at equilibrium—with no external forces acting upon it. [1] If a listing ship goes beyond the point where a righting moment will keep it afloat, it will capsize and potentially sink. [2]
Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
For small angles, M can also be considered to be fixed, while B moves as the ship heels. The metacentric height ( GM) is a measurement of the initial static stability of a floating body. It is calculated as the distance between the centre of gravity of a ship and its metacentre. A larger metacentric height implies greater initial stability ...
Loaded displacement is the weight of the ship including cargo, passengers, fuel, water, stores, dunnage and such other items necessary for use on a voyage. These bring the ship down to its "load draft". [8] Full load displacement and loaded displacement have almost identical definitions. Full load is defined as the displacement of a vessel when ...
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
This is a unit of fame or hype, derived from the dictum attributed to Andy Warhol that "everyone will be world-famous for fifteen minutes". It represents fifteen minutes of fame. Some multiples are: 1 kilowarhol – famous for 15,000 minutes, or 10.42 days. A sort of metric "nine-day wonder".
The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods. TCE ...