ARA (Antwerp-Rotterdam-Amsterdam). A range of ports in a charterparty or report of a fixture specifying that the ship is chartered to load or discharge at a port or ports in this range.
ARA (Antwerp-Rotterdam-Amsterdam)
Advance freight
Advance freight. As a rule the freight on cargo shipped under a charterparty is payable at destination upon delivery to consignees.
Authority of agents to sign
Authority of agents to sign. The Saudi Crown case confirmed that the agents bound the earner even if they falsified the date on the bill of lading because it was decided that the agents had the authority of the carrier to sign for cargo received even though the date was falsified.
Accomplished bill of lading
Accomplished bill of lading.The bill of lading is originally a receipt for cargo. To fulfil this purpose it is necessary for only one receipt to be issued by the party to whom the cargo has been entrusted for carriage.
ANERA
ANERA. This is the acronym given to an organisation of ship operating and owning companies that operate liner services between Asia and North America.
Authority of charterers, sub-charterers or their agents to sign
Authority of charterers, sub-charterers or their agents to sign. The ASBATTME Time charterparty states in the "Employment clause" that the Captain
Additional War Risk Insurance (AWRI)
Additional War Risk Insurance (AWRI).When tankers-are fixed to carry oil cargoes from or to a place where war or hostilities are taking place, hull insurers quickly impose additional war risk premiums on ships travelling to the areas of hostilities.
Always accessible
Always accessible. The charterers can send the ship to ports in which the ship can be reached for the purpose of handling cargo or carrying out any other activity with the shore and as required by the Charterer.
Antitrust laws
Antitrust laws. When the liner conference system became formalised in the 19th century, one of the main functions was that freight rates on an agreed route would be fixed between the members to the conference.
AMWELSH (Americanised Welsh Coal Charterparty)
AMWELSH (Americanised Welsh Coal Charterparty). A standard-form voyage charterparty for the carriage of coal, published by ASBA in 193 and amended in 1979.
As fast as the vessel can . . . (FAC)
As fast as the vessel can . . . (FAC). The laytime is a period of time that may be calculated by reference to the maximum rate at which the vessel, in full working condition, is capable of cargo operations, that is, of receiving or delivering the cargo.
Anticorrosive paint
Anticorrosive paint. This is a special type of rust-preventing primer on a bituminous base. It is used as a primer for vessel’s bottom paints in dry-dock. It has two functions: to prevent corrosion and to bind old anti-fouling that has become porous because the antitoxins or poisons have escaped.
Agency fee
Agency fee. The agency fee is the remuneration for the agents who have attended to the ship's business during its stay at their port.
Additional port charges
Additional port charges.These are charges additional to the base ocean freight rate of a liner operator or liner conference.
ASBA
ASBA. The Association of Shipbrokers and Agents (U.S.A.) Incorporated, New York.