problem 1: Describe about the tanker market, giving illustrations of ship size, cargoes and trading areas.

problem 2:

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.

problem 8:

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.