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clarksons.com
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Definitions (62)
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Ballast Voyage
A voyage with no cargo on board to get a ship in position for the next loading port or docking. On voyage the ship is said to be in ballast.
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Ballast voyage
A voyage with no cargo on board to get a ship in position for the next loading port or docking. On voyage the ship is said to be in ballast.
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Aframax
A tanker size range defined by Clarksons as between 80,000 and 120,000 dwt.
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bareboat charter
The hire or lease of a vessel from one company to another (the charterer), which in turn provides crew, bunkers, stores and pays all operating costs.
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Bulk cargo
Unpackaged cargoes such as coal, ore and grain.
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BUNKERS
The ship's fuel.
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Cabotage
Transport of goods between two ports or places located in the same country, often restricted to domestic carriers.
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Capesize
Bulk ship size range defined by Clarksons as 100,000 dwt or larger.
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CGT
Compensated gross tonnage. This unit of measurement was developed for measuring the level of shipbuilding output and is calculated by applying a conversion factor, which reflects the amount of work re [..]
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Charterer
Cargo owner or another person/company who hires a ship.
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