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The total weight, in metric tons, of cargo, bunker fuel, ballast, fresh water, ship's stores, crew, crew's effects, passengers, and passengers' accompanied baggage which a vessel is able to carry. For purposes of UK merchant shipping regulations it is the difference in metric tons between the displacement of a ship in water of a specific gravity of 1.025 at the load waterline corresponding to the assigned summer freeboard and the lightweight of the ship.

The agent, having a close relationship with charterers, might fail to give all due attention to the ship's business, such as crew matters, stores, repairs, etc. In such a case the master should: (1) remind the agents of their primary responsibility to the shipowners (as principal); and/or (2) advise owners of managers to appoint a protecting agent or husbandry agent (i. e. an agent v duties would be solely to look after the ship's business and not the cargo operations).

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