Conbulker. This is a type of vessel that can carry containers on one leg of a voyage and bulk cargo on the return leg. The structure of the vessel permits the cargoes to be changed easily.

 

Continuation clause. Hull Time policies can contain a “continuation” clause. As a rule, time policies are made for a maximum of 12 months, but obviously it is impossible to judge in advance whether the vessel will be at sea or not on expiration of the policy.

Contamination. If a cargo which is sensitive for some reason is damaged by the nature of another cargo or substance, the former is “contaminated”. This would be the situation if one grade of oil, e.g., a clean oil product on board a tanker, was loaded into a tank that was insufficiently cleaned.

Consortium. A group of shipowners may agree to offer their ships to an organisation formed by the members of the group for the organisation (the "consortium") to operate. "Shipping pools" are one form of consortia, generally operating in the tramp shipping, bulk trades. In liner trades, liner conferences fulfil much the same function except that each member company operates its ship independent of a centralised control organisation. In chartering practice, the administration organisation of a consortium or shipping pool can charter ships in or -out as necessary to carry out its cargo commitments or earn acceptable revenue.

 

Collision and dock damage. Excess collision liability. Proportion of collision liability relating to wreck removal, dock damage or oil pollution caused by the other ship.