problem 1: Describe about the tanker market, giving illustrations of ship size, cargoes and trading areas.
a) In brief illustrate about the freight market from an owner’s perspective.
b) Describe how the amount of cargo that a ship can load is computed.
problem 3: Identify and describe the reasons when a Charterer could claim ‘off-hire’ of the vessel and could be entitled to compensation.
problem 4: Describe the significant items that have to be considered in a Laytime calculation.
problem 5: Describe about the Baltic exchange and the information and services it gives.
problem 6: Describe what a Lien Clause is on a charterparty and how it is exercised.
problem 7: Describe the role of Ship Broker.
a) Describe the charterer’s and master’s responsibilities towards a safe berth.
b) Describe what a NAABSA berth means and what a port should do when offering a berth categorized as NAABSA.