Who receives the notice of readiness?
Who receives the notice of readiness?
The Notice of Readiness (NOR) is the document used by the captain of the ship, in the event of voyage chartering, to notify that his ship is ready, in every respect, to load and/or unload the goods.
What is meaning of notice of readiness?
A Notice of Readiness (“NOR”) is a notification by the vessel that she is ready to start the charter service (upon delivery) or is ready to load or discharge cargo. Giving an NOR has two purposes: (i) to inform the charterers that the vessel is at their disposal; and (ii) to start the running of hire or laytime.
Is the charterer The shipper?
Charterer is the party that has chartered (think of simple word “hired”) the ship. If the shipper has chartered the entire ship then shipper will also be the charterer. This is particularly the case if there are more than one shippers.
Who pays for the crew cost in a time charter party agreement?
the charterer
In time chartering, the charterer is responsible for selecting a crew, paying charges that arise during the voyages, and arranging for provisions to ensure smooth operations at every port of call.
Who will tender the notice of readiness or nor to the port when the ship has arrived at the port of loading or discharge?
Requirements for a valid notice of readiness to be served The vessel is an arrived vessel. The vessel is ready to receive or discharge the cargo. The notice of readiness is tendered to and received by the proper person according to the charter-party.
How are shipbrokers paid?
Entry level Shipbrokers earn a monthly salary of about $3,000 per month. Due to the commission-based remuneration structure, good Shipbrokers with two to three years of experience earn a monthly salary of about $6,000 per month.
Who usually hires the crew under a time charter?
i) The charterers agree to hire from the shipowner a named vessel, of specified technical characteristics, for an agreed period of time, for the charterer’s purposes subject to agreed restrictions. The hire period may be the duration of one voyage (a “trip charter”) or anything up to several years (“period charter”).
Who bears port cost in time charter?
A voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. The charterer pays the vessel owner on a per-ton or lump-sum basis. The owner pays the port costs (excluding stevedoring), fuel costs and crew costs. The payment for the use of the vessel is known as freight.
What is Shinc?
SHINC means Saturdays, Sundays and holidays included.
What is a notice of Readiness (NOR)?
A Notice of Readiness (“NOR”) is a notification by the vessel that she is ready to start the charter service (upon delivery) or is ready to load or discharge cargo. Giving an NOR has two purposes: (i) to inform the charterers that the vessel is at their disposal; and (ii) to start the running of hire or laytime.
Where must the vessel be before tendering a valid notice of readiness?
The charter party will usually state where the vessel must be before a valid notice of readiness can be tendered. The ship must be at the immediate and effective disposition of the charterer, having come to rest at the place at which she can be described as an “arrived ship”. Where that place is depends upon the terms agreed in the charter party.
Can a master give a correct notice of readiness before the layday?
There is usually no prohibition on the master’s giving a correct Notice of Readiness before the laydays are agreed to begin. However, the laytime will not commence until the agreed earliest time.
What is physical readiness?
Physical readiness depends on a number of factors. For example, the vessel’s cargo spaces containing, or meant to contain the contractual cargo, must be accessible. In The Mexico l, 1990, a “Notice of Readiness” was tendered by telex on the vessel’s arrival.
