Discover Frequently Asked Questions from Our Support
What does FEU mean?
Forty foot Equivalent Unit, also known as Forty foot container.
What does TEU mean?
Twenty foot Equivalent Unit, also known as Twenty foot container.
What does NOR mean?
Notice of Readiness. A Notice of Readiness (NOR) is a crucial notification indicating that the vessel is prepared to commence charter service, commence loading or unloading cargo. This notification serves to inform charterers that the vessel is available for their use and initiates the calculation of hire or laytime.
When is the NOR announced?
This notice is being issued by the vessel to its charterer after being fully mobilized and prepared to sail to the charterer's intended port of call. The notice includes the announcement of an Estimated Time of Arrival (ETA) at the intended port of call.
How long will it take to mobilise your vessel?
As a company, it takes SDNL 48hrs to 72hrs to mobilise. Depending on the nature of the operation
When do you commence mobilisation?
Mobilisation commences only after payment has been confirmed.
What does CPA mean?
Charter Party Agreement. This is a contract for the hire or lease of a vessel made between the vessel owner and a charterer.
What is a Bimco contract?
Baltic and International Maritime Council (Bimco). BIMCO's main goal is to safeguard its worldwide members by offering information and guidance, advocating for fair business practices, and promoting the harmonization and standardization of commercial shipping practices and contracts.
Are there limitations to where your services can be rendered?
Our services can be rendered anywhere across the globe.
What does Laytime mean?
Laytime refers to the designated period of time allocated to the charterer of a vessel for the purpose of loading or unloading cargo. Within this specified timeframe, the charterer is responsible for the efficient loading or unloading of their goods as outlined in the terms of the charter agreement