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A floating storage and offloading unit (FSO) is essentially an FPSO without the capability for oil or gas processing. [1] Most FSOs are converted single hull supertankers . An example is Knock Nevis , ex Seawise Giant , which for many years was the world's largest ship.
On flying boats – as first patented by Claudius Dornier and first used on the Kaiserliche Marine ' s German World War I flying boat, the Zeppelin-Lindau Rs.IV [3] [4] – a sponson can help extend the hull higher in the water, reducing drag and providing additional lift when the plane is taking off.
Bunkering operations take place at seaports and include the storage and provision of the bunker (ship fuels) to vessels. [3] The Port of Singapore is currently the largest bunkering port in the world. [4] In 2023, Singapore recorded bunker fuel [5] sales volume totaling 51,824,000 tonnes, setting a new industry standard.
A pre-existing agreement refers to any agreement entered into before the time of the existence of danger. It includes ship's master and crew who have pre-existing employment agreement with ship-owners. They have the duty to preserve the ship and cargo, and therefore they cannot convert themselves into salvors in the event of trouble.
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Charterparty is a contract of carriage of cargo in the case of employment of a charter boat. It means that the charterparty will clearly and unambiguously set out the rights and responsibilities of the ship owner and the charterers and any subsequent dispute between them will be settled in the court of law or any agreed forum with reference to ...