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Maritime Forum

Topics in Category: Advanced ship management

emo
Views: 1246
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admini's Avatar
Topic started 14 Jul 2013 00:26 by admini
Imagine a situation at sea like a fire or severe storm or the Kraken or any other life threatening situation.. Under such circumstances, the master of the ship (as a last resort) might be forced to jettison (throw overboard) some or all cargoes that are on the ship in order to save part or whole of...
emo
Views: 450
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admini's Avatar
Topic started 14 Jul 2013 00:07 by admini
Distressed cargo is a term used more in bulk trades and a cargo is termed distressed cargo when :- A buyer defaults on a contract due to a drop in commodity prices.. Say for example, if a buyer entered into a spot contract for the purchase of coal and after loading, if the prices have fallen around...
emo
Views: 590
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admini's Avatar
Topic started 14 Jul 2013 00:02 by admini
The Panama Canal links the world's two biggest oceans; the Atlantic and the Pacific. When it first opened, in the early 20th Century, it saw around three vessels a day pass through; but today, almost 50 vessels a day use the canal. A vessel must pay a toll fee to use the canal, which is calculated...
emo
Views: 861
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A.Sailor's Avatar
Topic started 08 Apr 2013 02:20 by A.Sailor
We have now become used to the concept of unmanned drones flying over war zones, with their amazing optics and menacing capabilities for surveillance and weapon delivery. On the surface of Mars, there is an amazing vehicle driving around and carrying out scientific sampling and experiments. So why...
emo
Views: 502
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admini's Avatar
Topic started 21 Dec 2011 12:59 by admini
Ocean marine insurance is a type of transportation insurance intended to protect goods that are transported over water. Ocean marine insurance can take the form of a number of different contracts, depending on the personal insurance needs of the prospective insured. Ocean Marine Insurance Coverages...
emo
Views: 419
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admini's Avatar
Topic started 21 Dec 2011 12:54 by admini
Just as the comprehensive coverage in auto insurance protects the insured individuals against physical damage to their cars, so does hull and machinery insurance provide physical damage protection for the ships or vessels and the machinery which is part of them. Since the soundness and normal...
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