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Subject to licence being granted. This term is used in negotiations as regards the chartering of a vessel at a time when owners are not free to commit their vessel for a certain employment without having obtained the approval of competent authorities. Consequently, a charterparty issued under such condition is not effective until such licence has been definitely granted.

 

Seasonal ports. Ports which are only accessible to ocean shipping during part of the year, such as ports in the St. Lawrence and in the White Sea, are called seasonal ports. Because of ice, these ports and their approaches are closed for navigation between December and spring.

 

Subject to strike and lockout clause. In a similar manner to "subject to dry-docking clause", this qualification indicates that the parties are in agreement to all the terms provided one party accepts the wording of a clause setting out the rights and responsibilities of the parties should the event mentioned take place.

Subject shippers' approval. Like the previous restriction, this is also a "condition precedent" which can cause the fixture to fail to be binding if the shippers do not accept the ship to load the cargo. Again, also like the previous restriction, this can require a third party's approval before a charter between the owner and the charterer becomes binding.

 

Sheer. The sheer of a vessel is the longitudinal curvature of the deck from the lowest point on deck amidships. The average sheer of a general cargo vessel is about 1 per cent of the ship’s length. The sheer may increase the vessel’s reserve buoyancy. Sheer features in the assignment of load lines.

 

Subject to signing charterparty. This expression is similar to "subject to contract". The formal document has not been signed (or "executed") and the entire contract and its terms are held in abeyance until the signing.

 

Shipbroker. The shipbroker acts as an intermediary between charterers, shippers and consignees of cargo on one side and the shipowners or carriers by sea on the other. The principal functions of a shipbroker are:

Shipowners. The owners of a vessel are the persons or companies officially registered as owners of the ship.

Strikes and Lockouts. When the loading and/or discharging are interrupted by hindrances beyond the control of either the charterer or the shipowner, the effect on laytime and on demurrage can become quite significant because of the cost of the loss of time.

Salvage costs. This expression includes all expenses properly incurred by the salvor in the performance of the salvage services.

 

Subject to contract. In this situation, a formal contract has yet to be signed. However, the main provisions have probably been agreed during negotiations.

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