PERDIEM
Per diem is a Latin term that means 'per day'. In the maritime context, per diem refers to the daily allowance paid to seafarers for their subsistence expenses while on board a vessel. This allowance covers the cost of food, drinks, and other personal expenses that a seafarer may incur while on duty. The per diem rate varies depending on the rank and nationality of the seafarer, the type of vessel, and the duration of the voyage. Per diem is an important aspect of a seafarer's compensation package and is regulated by international maritime labor laws.
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