Stale bill of lading. This is generally a bill of lading that is presented to the bank or delivered to the consignee after the cargo reaches its destination.

Strike clause. A "strike" is a general, unified ("concerted") refusal by workmen to work because of some alleged grievance, for example, a claim for higher wages or better conditions.

SHEX and SHINC. These abbreviations apply to the manner in which laytime is calculated and accounted for.

Safe port. A report of a fixture can indicate that the ship is fixed to load at "1/2 s.b. 1/2 s.n." in a certain range. This means that the Charterer has the option to order the vessel to proceed to load at one or two safe berths in one or two safe ports within a named range of ports.

Statement of facts (SOF). This is the document attached to a record of calculation of laytime used (the "Timesheet") and is a record of the events that can affect the counting of laytime.

Sister ship clause. The object of this clause is to ensure that in the event the insured vessel comes into collision or receives salvage services from another vessel belonging wholly or in part to the same owners or under the same management, the assured shall have the same rights under the policy as they would have had if the other vessel was entirely the property of other shipowners.

Sub charter. This is a charter in a "chain" of charters where one party, the "head charterer" uses the provisions of a "sub let" or "relet" clause to charter the ship to another Charterer. The head Charterer remains responsible for fulfilment of the contract between him and the owner. In a sub charter situation, the original Charterer can appear to the sub Charterer to be the "owner" and is referred to as the "disponent owner".

 

SHEX and SHINC. These abbreviations apply to the manner in which laytime is calculated and accounted for.

Sea protest. In case of damage to a vessel or her cargo or when she has encountered exceptionally heavy weather during the voyage which may have caused damage, the master will register a protest (“note a protest”) before the competent authorities, e.g., notary public or Consul. Such a protest may be extended or completed within a certain limit of time after arrival. In some European countries a sea protest is essential before the shipowner can declare general average.

 

Shifting. This describes the movement of a vessel from one berth to another or from anchorage to a berth. This occupies time. During the shifting time, loading and discharging cannot normally continue.

Salvage principles.  “General Average”.  The essential elements of general average were discussed based on the definition in the York-Antwerp Rules 1990 and in the Marine Insurance Act 1906.