The _______ side of the shipping industry is characterized by vessels making scheduled voyages between designated ports available for members of the public to book space on the vessels.

Group of answer choices

Camp

Tramp

Liner

Demurrage

Although there are no international conventions that govern charterparties, the tramp tradeachieves uniformity through the use of _______.

Group of answer choices

Bills of lading

Highly standardized charterparty forms

Model statutes

Confidential arbitration

Under a time charter, the shipowner maintains control of the vessel and employs the shipmaster and crew, while the charterer pays _______and gives orders regarding the vessel's commercial undertakings.

Group of answer choices

Freight

Hire

Demurrage

Laytime

Under a _______charter, the shipowner maintains control of the vessel during the agreed voyage and the charterer pays freight, which generally includes fuel, port fees, and other operating costs.

Group of answer choices

Time

Voyage

Bareboat

Demise

Under a _______charter, the charterer controls the vessel and attends to nautical matters, but also arranges the vessel's commercial undertakings.

Group of answer choices

Time

Voyage

Bareboat

Slot

Under a voyage charter, after the allowed laytime has expired, the charterer is liable for delay at a rate of ______ that is stipulated in the charter. This is designed to encourage swift loading/ unloading and to allow the shipowner to receive compensation for lost time.

Group of answer choices

Hire

Freight

Bunkers

Demurrage

The concept of______reflects the general rule that the vessel must be strong, well-equipped for the intended voyage, and manned by a competent crew and skillful master of sound judgment and discretion.

Group of answer choices

Deviation

Seaworthiness

Dispatch

Laytime