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• Wharfage Fees: In the maritime context, wharfage fees refer to the charges levied by a port or harbor for the handling of cargo that passes over, onto, or through the wharf. These fees are typically assessed per ton of cargo and are used to cover the cost ... Read More >>
• Secondary Market For Vessels: The secondary market for vessels refers to the marketplace where used or second-hand ships are bought, sold, or chartered. This market plays a crucial role in the maritime industry as it provides an avenue for ship owners to dispose of thei ... Read More >>
• Jury Rig: Jury Rig is a temporary or makeshift arrangement of ropes, sails, or spars to replace a damaged or lost mast or to provide an emergency rig for a vessel. It is a method of rigging a vessel in an improvised way to keep it afloat and make it ... Read More >>