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BILLS OF LADING

Bill of Lading is a receipt for goods either received (before shipment) or shipped on board. is good evidence of the existence and terms of a contract between the shipper and carrier. (A contract of carriage may exist without issue of a bill of lading, however.) A bill of lading is not a true contract, […]

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TAKING OVER COMMAND

• have ready a check list of “things to do on joining”; • note (from the quayside) the condition of the visible exterior of the vessel, including draught marks, load line, etc.; • note the standard of rigging and maintenance of the accommodation ladder or gangway, and its accessories; • note the standard of maintenance […]

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DUTIES OF FLAG STATES

SHIPS’ COST CLASSIFICATION The three basic ship cost categories are: • capital costs; • voyage costs; • operating or running costs. • Capital costs are fixed costs associated with the ship’s purchase. include pre-delivery costs, loan repayments, interest, leasing charges, initial registration fees, and taxes (sometimes), and any bareboat charter hire payable. are the owner’s […]

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DUTIES OF FLAG STATES

• UNCLOS Article 94 requires the flag State to effectively exercise its jurisdiction and control in administrative, technical and social matters over ships flying its flag (i.e. to exercise “flag State control” over its ships), and to: – maintain a register of ships; – assume jurisdiction under its internal law over each ship flying its […]

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