Contractual liabilities. Liabilities incurred under contracts necessary for the normal operation of a ship, such as towage contracts, indemnities to port authorities, indemnities to stevedoring companies.

Complement. The entire crew of a vessel is called the “complement”. The complement can be subdivided into, for example, the officer complement, and the rating complement.

 

Centre of gravity (G). The line of action of the weight (force) of a body acts vertically downwards through this point, named “G”. For a uniform block, G is at the centre. For a ship, the position of G depends on the various weights in the ship.

 

Charter. The contract to carry goods by sea or to hire or lease or use a ship. "To charter" means to enter into the contract. The contract can be for a period of time ("time charter" or "bareboat charter") or for one or more voyages ("voyage charter").

 

Costs and expenses. Legal, technical or otherwise, incurred in investigating, defending, or pursuing a claim against which a member is covered by the club may also be payable by the club.

Charterer. The person or corporation hiring a ship for the carriage of goods or passengers (either a "time Charterer" or a "voyage Charterer") or leasing the ship for his own management and control (a "bareboat/demise Charterer").

 

Paramount clause. (Also termed Clause Paramount.) This clause is generally found in a bill of lading but can also be found in a charterparty. The main purpose of such a clause is to incorporate the terms and conditions of the Hague or Hague-Visby Rules (or the Hamburg Rules) into the document which is (or which evidences) the contract of carriage of goods by sea. The Paramount clause can also incorporate particular legislation, such as the United States Carriage of Goods by Sea Act 1936.

 

Customary. This word usually refers to the rate at which cargo operations are to take place and may affect the time the vessel is made available by the owner for these operations.

Consol. This expression is an abbreviation found in sailing schedules and advertisements of liner services.

Colliery. A "colliery" is a coal mine and in voyage charters for the carriage of coal the laytime agreed may depend on the working hours of the mine, if the coal cargo has to be delivered to the vessel. The word is connected to expressions that affect laytime.

 

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.

Colliery scale. Scale rates can be incorporated into a charterparty depending on the place of loading. These are rates, which are set by organisations, which publish standard-form- charterparties after discussion with shipowners and collieries at the ports of loading. The scale rates also contain rates for demurrage.

 

Cartel. This is a price-fixing body formed of providers or suppliers of goods or services. A liner conference can be considered to be a cartel to fix the freight rates.

 

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