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The
following are some of the terms and definitions, which
may prove helpful in the daily dealings with oil tankers.
This list is compiled from various industry sources. While
extensive, it should not be considered a complete list
of all vessel and charter party related terms and definitions.
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Call Letters - The
letters assigned to the ship's radio (station).
Camber
- The arching of the deck upward measured at the centerline
in inches per foot beam.
Calibration
- The process of adjusting, or of measuring the performance
of a device.
Calibration
Tables (Gauge Or Tank
Tables, Innage/ Ullage Tables) - Tables developed by
recognized industry methods that represent volumes in
each tank according to the liquid (innage) or empty
space (ullage) measured in the tank. The tables are
entered with linear measurements (for example, feet,
inches, meters, centimeters) to obtain calibrated volumes
(for example, barrels, cubic meters or cubic feet).
Canceling Date
- A stated date after which, if a vessel is not ready
to load, the intending charterers have the option of
canceling the charter. The passing of the canceling
date leaves the owner's obligation unimpaired unless
the charterer releases him.
Cancellation
Clause - A clause
in a charter party whereby the charterer reserves the
right to cancel the charter if the ship fails to arrive,
ready to load, on a specified date at a named port.
Capacity
- The volume of a container or tank filled to a specified
level.
Capacity Plan
- A general plan or inboard profile which gives all
data relating to the capacity of cargo spaces, tanks,
bunkers and storerooms.
Capping
- Routing a vessel around the Cape of Good Hope, South
Africa.
Cargo Hose
- A hose usually of 6 to 10 inches in diameter used
for the transfer of cargo from ship to shore and vice
versa.
Cargo Plan
- A plan giving the quantities and description of the
various grades carried in the ship's cargo tanks.
Cargo Pump
- Pump used on tankers for discharging cargo and loading
or discharging ballast. Located, at the bottom of the
pump room, these pumps are usually of the common duplex
type, or turbine type of which the centrifugal is the
most common.
Cargo Quantity
Option Certificate
- A certificate signed by vessel and shore representatives
acknowledging the amount of cargo intended to load.
Catwalk
- A raised bridge running fore and aft from the Midship
House, and also called "walkway." It affords safe passage
over the pipelines and other deck obstructions.
Centerline
- A horizontal fore-and-aft reference line, dividing
the vessel into two symmetrical halves.
Center Tanks
- Cargo tanks located on the vessel's centerline.
Centrifugal
Pump - A pump consisting
of a shaft to which vanes are attached and which rotates
in a circular casing. Water or liquid flows into the
casing near the center of the rotating shaft and is
propelled outward along the vanes by centrifugal force.
It escapes through a discharge pipe at the circumference
of the casing.
Chain Locker
- The compartment for storing the anchor chains, located
near the bow of the ship.
Charterer
- The company or person given the use of the vessel
for the transportation of cargo or passengers for a
specified time.
Charter Party
- A document of contract, or agreement, by which a ship-
owner agrees to lease, and a charterer agrees to hire,
an entire ship, or all or part of the cargo space to
carry cargo for an agreed sum under certain conditions.
Bareboat Charter
- Owner lets an unmanned ship for a long period at
a rate that covers any depreciation and nominal return.
Charterer mans the vessel and pays all operating expenses.
To Fix A Charter
- To reach final agreement on the terms of a charter
party.
Charter Rates
- The tariff applied for chartering tonnage in a particular
trade.
Disponent
Owner - Charterer
who has sublet the vessel and is acting as the owner
per the terms of the contract.
Charter Types
Contract of Affreightment
(COA) - A service
contract under which a ship owner agrees to transport
a specified quantity of fuel products or specialty
products, at a specified rate per ton between designated
loading and discharge ports. This type of contract
differs from a spot or consecutive voyage charter
in that no particular vessel is specified. (Rates
are usually discounted below other forms of contracts.)
Period Charter
- Refers to consecutive voyage (C/V) exceeding four
voyages, time charters (T/C) and bareboat charters.
- Note: Loose term may have other connotations.
Spot (Voyage)
Charter - A charter
for a particular vessel to move a single cargo between
specified loading port(s) and discharge port(s) in
the immediate future. Contract rate (spot rate) covers
total operating expenses such as port charges, bunkering,
crew expenses, insurance, repairs, and canal tolls.
The charterer will generally pay all cargo-related
costs.
Time Charter
(T/C) - A charter
for varying periods of time, usually between two and
ten years, under which the owner hires out the vessel
to the shipper fully manned, provisioned, stored and
insured. The charterer is usually responsible for
bunkers, port charges, canal tolls and any crew overtime
connected with the cargo. The charter rate (hire)
is quoted in terms of a cost per month per deadweight
ton.
Classification
of Petroleum - Classes
"A-C" of petroleum are considered flammable and have
a flash point of 80° F or below. Examples of these
classes range from very light napthas (Class A) to
most crude oils (Class C). Class D cargoes such as
kerosene and heavy crudes are considered combustible
and have a flash point above 80° F but below 150°
F. Class E cargoes are the heavier fuel oils and lubricating
oils and have a flash point above 150° F.
Classification Society
- The professional organizations which class and certify
the strength and seaworthiness of vessel construction.
Class and certification issued to each vessel may be
required for insurance purposes. American Bureau of
Shipping (ABS) and Lloyds Register of Shipping are two
of the most well known classification societies in the
world today.
Clean Service
- Tanker transportation of products lighter than residual
fuels, e.g. distillates, including No. 2 Heating Oil.
Clean Ship
- Refers to tankers that have their cargo tanks free
of traces of dark persistent oils that remain after
carrying crudes and heavy fuels oils.
Clingage
- The residue that adheres to the inside surface of
a container, such as a ship's tank or shore tank, after
it has been emptied.
Closed Gauging
System - A method
of obtaining measurements of the tank contents without
opening the tank. This may be accomplished by using
automatic tank gauges or by taking measurements through
a pressure/vapor lock standpipe. This type of gauging
is done extensively on vessels with inert gas systems.
Such a system that allows no vapors to be lost to the
atmosphere is a true closed system while other types
that allow minimum vapors to be lost to the atmosphere
are called "restricted systems."
Cofferdam
- The narrow, empty space between two adjacent watertight
or oiltight compartments. This space is designed to
isolate the two compartments from each other and/or
provide additional buoyancy. It prevents any liquid
contents of one compartment from entering the other
in the event of a bulkhead failure. In oil tankers,
cargo spaces are usually isolated from the rest of the
ship by cofferdams fitted at both ends of the tank body.
Coiled Ship
- Refers to a tanker that is equipped with heating coils
in the cargo tanks to permit the heating of cargo if
necessary.
Consignee
- The person to whom cargo is consigned as stated on
the bills of lading.
Consignor
- The shipper of the cargo.
Contamination
- The result from commingling of a grade of cargo with
a sufficient quantity of another grade to destroy the
characteristics of the cargo.
Contract of
Affreightment, (COA)
- A service contract under which a Ship owner agrees
to transport a specified quantity of fuel products or
specialty products, at a specified rate per ton, between
designated loading and discharging ports. This type
of contract differs from a spot or consecutive voyage
charter in that no specific vessel is specified. (Rates
are usually discounted below other forms of contracts.)
Controlled Fleet
- All ships owned and period chartered by affiliate(s).
Crosshaul
- Two ships on intersecting trade routes. This voyage
pattern may indicate uneconomic vessel allocation.
Crude Oil Wash
(COW) - A method of
cleaning tanks using oil from the ship's cargo. COW
is normally used when a tanker is discharging. Oil is
taken from the tanks and pumped through a special line
to fixed or semi-fixed tank washing machines where it
is sprayed against all inside surfaces of the tank.
This procedure removes any cargo which is 'clinging'
to the surfaces of the tank.
Cubic Capacity
- The inside measurement of a tanker's cargo compartments
or tanks, usually expressed in barrels or cubic feet/meters.
Cubic Limitation
- Reaching cargo tank capacity before vessel sinks to
its load-line. This is usually caused by loading a light
crude (crude with a high API) or clean products.
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