Stowage factor warranty. When a ship is chartered to load a "full and complete cargo" or a "Min/Max" quantity, the owner is interested in the actual quantity being loaded by the Charterer, especially if his freight revenue is based on the quantity.

Sub-letting. It is customary to stipulate in a time or voyage charterparty that charterers have the right of sub-letting the whole or part of the vessel on the understanding, however, that they remain responsible to the shipowners for the due fulfilment of the original charterparty. In the case of a voyage charterparty, sub-letting will probably take the form of booking other cargo by charterers.

 

Signed under protest. If charterers or shippers object to the insertion of a certain clause in the bills of lading, the master may sign the bills of lading under protest.

Surf days. Laytime can be interrupted by bad weather and by meteorological conditions, which may interfere with loading and/or discharging.

Subject managers' approval. For the shipowner this can be a somewhat troublesome qualification because it indicates that the charterer's negotiator has to refer all the issues to a third party to make a final decision.

Short form of bill of lading. These bills of lading are issued by shipping companies or agents, that is, carriers, and indicate that some or all the terms and conditions of the document which is evidence of the contract of carnage can be found in another document, the “long form of bill of lading”. This latter may be obtainable on request or can be inspected at the office of the carrier or agent.

 

Shippers’ councils.  When liner conferences were formed they represented the ocean carriers and whether or not they exercised monopoly power, they still presented a negotiating group that had strong bargaining power.

Suspension of laytime. The counting of laytime against a charterer can be interrupted by bad weather and for other reasons. These are "interruptions", suspensions or exceptions to laytime. If laytime is not expressly suspended by appropriate words in the charterparty, it runs continuously.

 

Supercargo. When taking a vessel on charter, it can be a practice for charterers to reserve the right to keep on board at any time and for any length of time a "supercargo", at their own expense, for the duration of the time charter.

Sue and labour. When a casualty occurs, the assured, in particular the master, is bound to take such measures as may be reasonable for the purpose of averting or minimising loss or damage of ship and cargo.

Stevedore clause. A clause in a voyage charterparty may provide for the appointment and payment of the stevedores who carry out cargo handling.

Sets of bills of lading. Bills of lading are requested by shippers in a set usually of three “originals”, although in some Countries many more “original” sets may be required for different reasons, some commercial, some regulatory.

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