Notice of Readiness. 'This is a “ . . . notice to the Charterer, shipper, receiver or other person as required by the charter that the ship has arrived at the port or berth as the case may be and is ready to load/discharge".
Near clause
Near clause. The obligation of a charterer is to order the ship to a "safe port" or "safe berth".
Notify address
Notify address. The following clause (so called “notify clause”) may be inserted in an “order bill of lading”:
Non reversible laytime
Non reversible laytime. Laytime is the time allowed to the Charterer for loading and discharging.
Notify party
Notify party. This is the name of the person in the box on a standard form bill of lading, marked “Notify address”.
Non presentation of bills of lading
Non presentation of bills of lading. The word “presentation” can relate to two concepts connected with bills of lading.
Non negotiable document
Non negotiable document. The Hague-Visby Rules and Hague Rules are concerned with contracts of carriage evidenced by bills of lading which are “documents of title”.
Name of vessel
Name of vessel. The name of the vessel in negotiations and in the charterparty should be correct and precise.
Net capacity
Net capacity. This rarely used expression related to the vessel's capacity for cargo when loaded to its permissible draught after allowing for fuel, stores, ballast (if any), "ship's constant", and other noncargo components. The term has a similar meaning to "cargo capacity" and to "deadweight cargo capacity" ("DWCC") or "Deadweight cargo tonnage" ("DWCT").
NVOCC (Non vessel operating common carrier)
NVOCC (Non vessel operating common carrier). This was the original expression given to carriers who enter into contracts to carry goods but who did not operate Or own the vessels in which the carriage was provided.
NAABSA (Not Always afloat but Safely Aground).
NAABSA (Not Always afloat but Safely Aground).
Named bill of lading
Named bill of lading. This bill of lading requires the goods to be delivered to a named person.
New York Produce Exchange form (NYPE)
New York Produce Exchange form (NYPE).This standard form time charterparty was approved by the New York Produce Exchange when it was first published in 1913.
NVOC (Non vessel owning carrier or non vessel operating carrier)
NVOC (Non vessel owning carrier or non vessel operating carrier). This may be a freight forwarder or other form of contracting “carrier” who undertakes to provide carriage of goods but either does not own vessels or, even if this is a vessel owner, space may be used on board vessels belonging to other owners.
Non working day
Non working day. A "working day" in the context of laytime is a day on which cargo operations are carried out in the usual manner in a port and without extra payment such as for overtime.
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