A Ship on Time Charter : Here is All a Seafarer need to know Most of the seafarers consider shipping business as a difficult subject. Not that it is so much difficult. But because it is not something we deal with day in day out. We know how much we need to know to get the days to go on. And this was perfectly Ok until a few years back. But now, each minute matters and each hour of off-hire need explaining. That makes it so much important for we seafarers to understand shipping business. Today in this blog, we will discuss about time charter and what seafarers need to be aware of when the vessel is under a time charter. Ship Charter Shipowner buys a ship to earn a hire by letting someone (the shipper) use the space on their ship to carry cargo from one place to other. In the ideal world, the shipper has the cargo and should directly contact a shipowner for transporting their cargo. In the real world, it is difficult. Why? When we need to buy land,
How to deal with Navigational warnings, A Paper Chart Complete guide Most of the external agencies consider navigational deficiencies as most serious one. Not only because these can lead to accidents but also because these are avoidable. External agencies consider any navigation deficiency as the reflection of ship’s management system. Even Oil major companies take the navigation related deficiencies very seriously. For example BP considers any deficiency related to navigation as high risk. A single observation on navigation can fail the BP SIRE inspection. Navigational safety deficiencies were on the top for past three years for Indian MOU. And when so much is at stake, we cannot afford to have navigation related deficiencies. So what can we do to avoid these deficiencies ? Well the answer is… By knowing what is required and then doing exactly what you know. This guide will look into everything about dealing with the navigational warnings. Lets begin…. Navig