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Ship broker
Ship brokerOne who transacts business between the owners of vessels and merchants who send cargoes. SIMILAR TERMS-------------------------------------- Ship This word, in its most enlarged sense, signifies a vessel employed in navigation; for example, the terms the ship's papers, the ship's hushand, shipwreck, and the like, are employed whether the vessel referred to be a brig, a sloop, or a three-masted vessel. Ship damages In the charter parties with the English East India Company, these words occur; their meaning is damage from negligence, insufficiency or bad stowage in the ship. Ship's husband Maritime law. An agent appointed by the owner of a ship, and invested with authority to make the requisite repairs, and attend to the management, equipment, and other concerns of the ship he is usually authorized to act as the general agent of the owners, in relation to the ship in her home port. Ship's papers Those documents which are required on board of neutral ships, as evidence of their neutrality, These are the passports, sea-letter, muster-roll, charter party, bill of lading, invoices, log book, bill of health, register, and papers containing proofs of property. Shipper One who ships or puts goods on board of a vessel, to be carried to another place during her voyage. In general, the shipper is bound to pay for the hire of the vessel, or the freight of the goods. Shipping articles Contracts, Maritime law. The act of congress of July 20, 1790, s. 1, directs that a master of any vessel bound from a port in the United States to any foreign port, or of any vessel of fifty tons or upwards, bound from a port in one state to a port in any other than at adjoining state, shall, before he proceed on such voyage, make an agreement in writing or in print, with every seaman or mariner on board such vessel, (except such as shall be apprenticed or servant to himself or owners) declaring the voyage or voyages, term or terms of time, for which such seaman or mariner shall be shipped. Shipping conferences Various shipowners who operate liner, rather than tramp, services have formed associations in various trades, and various areas of the world. These associations, or conferences, fix freight (supra) rates to prevent unfair price cutting and to ensure reasonable profits. Some nations consider such conferences and their price fixing to be monopolistic and unfair as well as being oppressive, because the conference presumably restricts the development of fleets of emerging nations. For this reason, the Convention on a Code of Conduct for Liner Conferences was adopted by UNCITRAL in 1974. Other nations feel that ocean carriage is already so competitive and risky that some international rules and rate fixing is needed to prevent unfair undercutting and other improper practices. Shipping law unit A specialized institute within the University of Cape Town, South Africa, providing teaching and research facilities in regard to private maritime law. Shipwreck The loss of a vessel at sea, either. by being swallowed up by the waves, by running against another vessel or thing at sea, or on the coast. PREVIOUS AND NEXT TERMS-------------------------------------- Sherman act The basic antitrust statute prohibiting any unreasonable interference, conspiracy, restraint of trade, or monopolies with respect to interstate commerce. Shifting use Estates. One which takes effect in derogation of some other estate, and is either limited by the deed creating it, or authorized to be created by some person named in it. This is sometimes called a secondary use. Shill An person in a Confidence Game that acts as a participant to draw in the Mark. An Accomplice -- one who is paid to play as part of a Swindle. Derived from casino gambling, where the shill is a paid employee used to attract other gamblers. Shilling English law. The name of an English coin, of the value of one twen-tieth part of a pound. In the United States, while they were colonies, there were coins of this denomination, but they greatly varied in their value. Ship This word, in its most enlarged sense, signifies a vessel employed in navigation; for example, the terms the ship's papers, the ship's hushand, shipwreck, and the like, are employed whether the vessel referred to be a brig, a sloop, or a three-masted vessel. Ship broker Ship damages In the charter parties with the English East India Company, these words occur; their meaning is damage from negligence, insufficiency or bad stowage in the ship. Shipper One who ships or puts goods on board of a vessel, to be carried to another place during her voyage. In general, the shipper is bound to pay for the hire of the vessel, or the freight of the goods. Shipping articles Contracts, Maritime law. The act of congress of July 20, 1790, s. 1, directs that a master of any vessel bound from a port in the United States to any foreign port, or of any vessel of fifty tons or upwards, bound from a port in one state to a port in any other than at adjoining state, shall, before he proceed on such voyage, make an agreement in writing or in print, with every seaman or mariner on board such vessel, (except such as shall be apprenticed or servant to himself or owners) declaring the voyage or voyages, term or terms of time, for which such seaman or mariner shall be shipped. Shipping conferences Various shipowners who operate liner, rather than tramp, services have formed associations in various trades, and various areas of the world. These associations, or conferences, fix freight (supra) rates to prevent unfair price cutting and to ensure reasonable profits. Some nations consider such conferences and their price fixing to be monopolistic and unfair as well as being oppressive, because the conference presumably restricts the development of fleets of emerging nations. For this reason, the Convention on a Code of Conduct for Liner Conferences was adopted by UNCITRAL in 1974. Other nations feel that ocean carriage is already so competitive and risky that some international rules and rate fixing is needed to prevent unfair undercutting and other improper practices. Shipping law unit A specialized institute within the University of Cape Town, South Africa, providing teaching and research facilities in regard to private maritime law. We thank you for using the Juridical Dictionary to search for Ship broker. If you have a better definition for Ship broker than the one presented here, please let us know by making use of the suggest a term option. This definition of Ship broker may be disputed by other professionals. 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