Cargo size and capacity. This quantity is one of the most crucial in a voyage charter. It can vary from a fixed amount to an amount with a margin.
Colliery guarantee. This is an undertaking in a contract between the colliery owners and the charterer or shipowner. The colliery agrees to supply the cargo and load the vessel on usual colliery terms. If a reference to "colliery guarantee" is incorporated in a coal charterparty the charterer is relieved from any liability for delay to the vessel if the colliery does not supply the coal within the agreed laytime.
CMI. Comite Maritime International. A group of international lawyers and law associations specialising in maritime law, based in Antwerp, Belgium. CMI is responsible for some documents used in chartering, e.g., for the "Charterparty Laytime Definitions". The CMI has also compiled a list of arbitrators, well-experienced in maritime arbitration and able to decide disputes arising from charters. Parties to a charter dispute can choose arbitrators from this list.