d.b.e. Despatch payable both ends.
Dock charter. A "dock" is an area within a port within which cargo can be loaded of discharged. It can be enclosed by "dock walls" or "breakwaters". In relation to chartering, a dock can be a named destination for the ship to be an "arrived ship" and laytime commencing under a voyage charter or hire commencing under a time charter. A dock, as a destination in a dock charter, is less specific than a berth (a place within a dock or port) under a berth charter and more specific than a port in a port charter.
Documentary fraud. This occurs when a commercial party negotiates with a person who turns out to be dishonest and a cheat. A documentary credit may pay for the commercial transaction, for example, where an honest buyer opens a letter of credit based on negotiations between himself and a cheat. The cheat presents forged documents to the advising bank and is paid. The bill of lading features very prominently in documentary fraud because of its very great importance as a document of title. Because of this potential, alternative systems are being developed, such as the use of "sea waybills" and "EDI" or "Electronic Data Interchange" where data about the goods and the mode of their transport are exchanged by electronic means.
Double bottom. The double bottom, extending from the forepeak to afterpeak tank, considerably increases the safety of the vessel in case of serious bottom damage by grounding, which might otherwise result in flooding of the cargo holds or engine room. Moreover, the double bottom, which is subdivided into a number of tanks, is suitable for carriage of water ballast, fuel oil, fresh water etc., and increases the longitudinal strength of the vessel.
The double bottom tanks are accessible from the ship’s holds or tunnel by means of manholes, which are closed by watertight covers with bolts.