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Shipping markets. The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Citizenship Clause. The Citizenship Clause is the first sentence of the Fourteenth Amendment to the United States Constitution, which was adopted on July 9, 1868, which states: All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.
Lloyd's Register Group Limited, trading as Lloyd's Register ( LR ), is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. The organisation dates to 1760.
Shipping companies of Saudi Arabia (1 P) Shipping companies of Samoa (2 P) Shipping companies of Singapore (10 P) Shipping companies of Slovenia (1 C) Shipping companies of South Africa (1 P) Shipping companies of South Korea (1 C, 7 P) Shipping companies of the Soviet Union (4 C, 16 P)
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
The word "call" is a shortened form of "call for", which means "to come and get", so "will call" literally means " (the customer) will call for (come and get) the goods." [1] In a linguistic process similar to initial-stress derived nominalization, the first syllable of the noun phrase is usually stressed (" will call") rather than the second ...
Buzzword. A buzzword is a word or phrase, new or already existing, that becomes popular for a period of time. Buzzwords often derive from technical terms yet often have much of the original technical meaning removed through fashionable use, being simply used to impress others. Some buzzwords retain their true technical meaning when used in the ...