Despatch days. Days saved in the loading or discharge of the vessel within the time allowed under the charterparty may be called "despatch days".
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.
Depth. The depth is the vertical distance measured from the keel to the deck. The extreme depth is the depth measured at the ship’s side from the uppermost continuous deck to the lower point of the keel. The moulded depth is measured from the top of the keel plate (the “base line”) to the underside (that is, the heel) of the deck beam at the ship’s side amidships.
Draught(also “Draft”). This is the vertical distance between the waterline and the keel. During construction of a vessel, the marks showing the draught are cut into each side of the stem and sternpost and clearly painted from a certain distance below the light draught to a certain distance below above the loaded draught.