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SOLUTION FOR BUSINESS

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Useful information

The customs transit procedure enables goods to move more freely and simplifies customs formalities.
The adoption of the Community Customs Code amended, consolidated and simplified customs legislation, combining it in a single legal instrument.
To better protect consumers and right-holders, the Council adopted a new Regulation to combat counterfeiting and piracy.
EEC - European Economic Community. ENTRY - A customs form used for the clearance of ships or merchandise.
The Commission defines a new strategy to be adopted for customs activities in the European Union in order to adapt to the present and future changes and to propose concrete actions to be taken.
Jackup - A deck with legs that can be jacked up or down.



  

Short maritime terms glossary - part 9

ULCC - Ultra Large Crude Carriers. Tankers larger than 300,000 dwt.

UNCTAD - United Nations Conference on Trade and Development

UNMANNED MACHINERY SPACES - A space where alarm bells are installed on the bridge of a ship to trace or rectify any machinery faults. The computerized devices will report any fault immediately it appears and the engineers on board can attend to the necessary ramifications.

UNSEAWORTHINESS - The state or condition of a vessel when it is not in a proper state of maintenance, or if the loading equipment or crew, or in any other respect is not ready to encounter the ordinary perils of sea.

U. S. EFFECTIVE CONTROLLED FLEET - That fleet of merchant ships owned by United States citizens or corporations and registered under flags of "convenience" or "necessity" such as Liberia or Panama. The term is used to emphasize that, while the fleet is not U.,$.-flag, it is effectively under U. S. control by virtue of the ship's owners and can be called to serve U. S. interests in time of emergency.

U. S.-flag vessels - are registered in the United States and are subject to additional U. S. laws and regulations to which foreign-flag vessels are not. They must be owned by U. S. citizens, corporations, or governments and must be crewed mainly by U. S. citizens.

VLCC - Very Large Crude Carriers: Tankers between 200,000 and 300,000 dwt.

VOYAGE CHARTER - A contract whereby the shipowner places the vessel at the disposal of the charterer for one or more voyages, the shipowner being responsible for the operation of the vessel.

WATCH - The day at sea is divided into six four hour periods. Three groups of watchstanders are on duty for four hours and then off for eight, then back to duty. Seamen often work overtime during their off time.

WEATHER PERMITTING - That time during which weather that prevents working shall not count as laytime

WIBON - Whether in berth or not

WORLDSCALE - An index representing the cost of time chartering a tanker for a specific voyage at a given time. The index is given at Worldscale 100, which represents the price in dollars per ton for carrying the oil at that rate. The negotiated rate will be some percentage of the index value.

FOR EXAMPLE:

W1OO on the voyage Ras Tannra - Rotterdam (Cape-Cape) =

$31.16/ton of oil

W25 = 25% of W1OO

W25 = $7.79/ton of oil

N. B. rates may be above as well as below W1OO

WW - Weather working

YAR 1974- York Antwerp Rules