Glossary

Capesize

A parameter used to determine popular bulk carrier sizes and that governs the design of very large ships built to serve deepwater terminals handling raw materials, such as iron ore, particularly from Brazil. These vessels are too big for the Panama or Suez canals and, as an alternative, voyage via Cape Horn or the Cape of Good Hope.

Certificate of Good Standing

A certificate issued by a Companies Registry attesting to the fact that a company is in good standing and that it has filed all the necessary returns and fees.

Certificate of Survey

This Certificate is not strictly speaking a “survey” document but it contains the tonnage and other particulars of the vessel which will be entered in the Register therefore registration cannot normally proceed without it.

Charterer

A person or firm who enters into a contract with a ship-owner for the transportation of cargo or passengers for a stipulated period of time. Also includes a bareboat or demise charterer. See also Demise Charter and Bareboat Charter.

Charterparty

A contract or agreement by which a ship-owner agrees to lease, and a charterer agrees to hire, an entire ship, or all or part of the cargo space to carry cargo for an agreed sum under certain conditions.

CISR

Cayman Islands Shipping Registry 

CISR VOE

A subscriber utilised web-based client service system that allows the subscriber to access survey and audit, crew compliance, registration and financial information for his vessels from a remote location. Also allows the purchase of items such as logs, flags, and Merchant Shipping Laws, and to conduct other business online. The CISR VOE is being implemented in 3 phases, the first of which will go online on June 5, 2006 with the remaining 2 phases due for implementation before December 31, 2006.

CLC

Civil Liability for Oil Pollution Damage

COLREG

Convention on International Regulations for Preventing Collisions at Sea.

COLREGS

Regulations for Preventing Collisions at Sea

CSR

Continuous Synopsis Record