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What is the difference between time charter and voyage charter cost?

Difference Between Time Charter & Voyage Charter Cost

Many individuals own ships, boats, and other recreational vessels, often purchased as assets. They do not use these ships for shipping goods or ferrying passengers. Instead, they often lend them out to third-party organizations that use them for various purposes. In maritime legal language, this lending method is known as chartering. Chartering is an important concept in

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What Is The Safety Management System SMS - Merchant Navy Info - Blog

What Is the Safety Management System SMS?

Maritime transportation is exposed to various risks. Therefore, SMS meaning maritime, ensures the safety of crew and passengers. It also protects the business from compensation claims in case of accidents. Shipping companies have faced increasing pressure in recent years to ensure the safety of passengers and vessels. Although the number of vessel losses has dropped

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