Question 1: Describe about the tanker market, giving illustrations of ship size, cargoes and trading areas.
Question 2:
a) In brief illustrate about the freight market from an owner’s perspective.
b) Describe how the amount of cargo that a ship can load is computed.
Question 3: Identify and describe the reasons when a Charterer could claim ‘off-hire’ of the vessel and could be entitled to compensation.
Question 4: Describe the significant items that have to be considered in a Laytime calculation.
Question 5: Describe about the Baltic exchange and the information and services it gives.
Question 6: Describe what a Lien Clause is on a charterparty and how it is exercised.
Question 7: Describe the role of Ship Broker.
Question 8:
a) Describe the charterer’s and master’s responsibilities towards a safe berth.
b) Describe what a NAABSA berth means and what a port should do when offering a berth categorized as NAABSA.