FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The tendering of Notice of Readiness(NOR) is a much debated element of tramp vessel shipping, with several clauses used to bring about greater equity between

The tendering of Notice of Readiness(NOR) is a much debated element of tramp vessel shipping, with several clauses used to bring about greater equity between the charterer and the ship owner. You are to examine NOR and explain the advantages and disadvantages of the WIPON, WIBON and WIFPON clauses to both parties

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Microeconomics

Authors: Jeffrey M. Perloff

8th edition

134519531, 978-0134519531

More Books

Students also viewed these Economics questions

Question

★★★★★
When a subsidiary is acquired, the managers of the parent must allocate the purchase price to the subsidiary's identifiable assets and liabilities. Because the subsidiary's assets and liabilities are...

Answered: 1 week ago

Question

★★★★★
Is globalization good or bad for the world? Is its impact uniform, or are some groups and countries benefited/harmed more than other groups and countries? Go to mymanagementlab.com

Answered: 1 week ago

Question

★★★★★
Avoidance of arrogant complacency: What evidence is there that the evaluator has been willing to relinquish premature cognitive commitments and to be reflexive?

Answered: 1 week ago

Question

★★★★★
The town where Beths Lawn Mowing Service is located is subject to sporadic droughts and monsoons. During periods of drought, the price for mowing lawns drops to $15 per acre, whereas during monsoons,...

Answered: 1 week ago

Question

★★★★★
Abigail invested $1,700 at the beginning of every 6 months in an RRSP for 11 years. For the first 7 years it earned interest at a rate of 3.20% compounded semi-annually and for the next 4 years it...

Answered: 1 week ago

Question

★★★★★
In this exercise you will be assuming the role of an Account Manager working within our Personal Care Appliances category during Amazon Black Friday. You act as a general manager responsible for...

Answered: 1 week ago

Question

★★★★★
Avicorp has a $13.8 million debt issue outstanding, with a 5.8 % coupon rate. The debt has semi-annual coupons, the next coupon is due in six months, and the debt matures in five years. It is...

Answered: 1 week ago

Question

★★★★★
Suppose, in the single-factor model, an obligor has a one-period default probability of 2.75 percent and an asset return correlation to the market factor of =0.4. What fractions of its asset return...

Answered: 1 week ago

Question

★★★★★
1. Find the most frequent bigrams (20 pts) Please complete the freq_bigram function to find the nn most frequent bigrams. Your function should return a list of top_n tuples. Each of the tuples should...

Answered: 1 week ago

Question

★★★★★
Objective: This activity has the purpose of helping students to implement sorted lists with links (dynamic memory). (Objective 4). Students Instructions: After studying this module, write the answers...

Answered: 1 week ago

Question

★★★★★
1. In this question, we will see a technique commonly used in mathematics: comparison. We arcsin(x) da) in two different ways and compare the result. In compute the same quantity: general, this...

Answered: 1 week ago

Question

★★★★★
2.5% budget reduction: Budget used is between 91% and 95% of the budget allocated. 5.0% budget reduction: Budget used is less than 90% of the budget allocated. None: Budget used is greater than 95%...

Answered: 1 week ago

Question

★★★★★
Anjali invests $3900 in an account with an interest rate of 4 % compounded continously. What will the balance be after 11 years?

Answered: 1 week ago

Question

★★★★★
8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.

Answered: 1 week ago

Question

★★★★★
6. Give examples of when we give a situation a new name, the situation is perceived differently.

Answered: 1 week ago

Question

★★★★★
11. Take a familiar problem as your starting point. a) Frame the problem so that it promotes aggressive behaviour. b) Frame the problem so that it promotes defensive behaviour.

Answered: 1 week ago

Previous Question Next Question