Shipping Industry

Baltic Exchange: Maritime Market Data Provider
Comprehensive overview of the Baltic Exchange, an organization that provides vital maritime market data, including the Supramax Index.
Charter Party: Contract for Maritime Transport
Charter Party is a contract between the shipowner and the charterer specifying the terms of the vessel's engagement for maritime transport.
Lighter: A Flat-Bottomed Barge Used in Lighterage
A comprehensive explanation of the term 'Lighter,' a flat-bottomed barge used for transferring goods from larger vessels to shore or vice versa.
TEU: Twenty-foot Equivalent Unit
A standard measurement used in the shipping industry to describe the capacity of container ships.
Tonnage Tax: Simplified Corporate Taxation for Ship-Owning Companies
An in-depth look at the Tonnage Tax system, its historical context, categories, key events, mathematical models, applicability, examples, related terms, FAQs, and more.

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