Cruising is a maritime activity that involves staying aboard a watercraft for extended periods of time when the vessel is traveling on water at a steady speed. Cruising generally refers to leisurely trips on yachts and luxury cruiseships, with durations varying from day-trips to months-long round-the-world voyages.
A container ship is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo.
A boat or ship engaged in the tramp trade is one which does not have a fixed schedule, itinerary nor published ports of call, and trades on the spot market as opposed to freight liners. A steamship engaged in the tramp trade is sometimes called a tramp steamer; similar terms, such as tramp freighter and tramper, are also used. Chartering is done chiefly on London, New York, and Singapore shipbroking exchanges. The Baltic Exchange serves as a type of stock market index for the trade.
Yacht chartering is the practice of renting, or chartering, a sailboat or motor yacht and travelling to various coastal or island destinations, for business or vacation.
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty. The three main types of charter are: demise charter, voyage charter, and time charter.
Bareboating is the act of chartering a sailboat that one lives upon, navigates, and operates for a vacation from an owner or a charter company. Common bareboating locations are the Caribbean, the Mediterranean and the Whitsundays.
A shipowner, ship owner or ship-owner is the owner of a ship. They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate or based on hire. Shipowners typically hire a licensed crew and captain rather than take charge of the vessel in person. Usually the shipowner is organized through a company, but also people and investment funds can be shipowners. If owned by a ship company, the shipowner usually performs technical management of the vessel through the company, though this can also be outsourced or relayed onto the shipper through bareboat charter.
A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from 40 metres (130 ft) to more than 180 metres (590 ft) in length, and sometimes include yachts as small as 24 metres (79 ft).
A charterparty is a maritime contract between a shipowner and a "charterer" for the hire of either a ship for the carriage of passengers or cargo, or a yacht for leisure.
A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery. A buyer's broker may assist their client in locating and qualifying a vessel and assisting with purchase negotiations but is typically not paid a commission by buyer and instead shares in the commission paid by the seller to their broker. These two roles are referred to as listing broker and selling broker.
A sea captain, ship's captain, captain, master, or shipmaster, is a high-grade licensed mariner who holds ultimate command and responsibility of a merchant vessel. The captain is responsible for the safe and efficient operation of the ship, including its seaworthiness, safety and security, cargo operations, navigation, crew management, and legal compliance, and for the persons and cargo on board.
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets.
MY Meserret III is a luxury yacht built by Peene-Werft at Wolgast in 1992. The yacht was formerly known as Leander G. She is owned by Mehmet Omer Koç.
Affreightment is a legal term relating to shipping.
In sailing and boating, a vessel's freeboard is the distance from the waterline to the upper deck level, measured at the lowest point of sheer where water can enter the boat or ship. In commercial vessels, the latter criterion measured relative to the ship's load line, regardless of deck arrangements, is the mandated and regulated meaning.
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
YACHTICO is an international yacht charter, it offers rentals of professional crewed and bare boat yacht. Headquartered in Boca Raton, Florida with operations in Europe in Berlin.
Cheeki Rafiki was a Bénéteau First 40.7 sailing yacht. Her sinking on May 16, 2014 resulted in an extended debate over the safety of modern sailing boats. The yacht lost her keel about 720 nautical miles Southeast of Nova Scotia and subsequently capsized. Rescue services found her upturned hull before it sank but the crew – four English men – were never found.
Maiden is a 58 foot (18 m) aluminium ocean racing yacht built in 1979, designed by Bruce Farr and raced by Pierre Fehlmann, Bertie Reed and Tracy Edwards and John Bankart. Edwards bought the yacht in 1987 to compete in the 1989–90 Whitbread Round the World Race with an all-female crew. The yacht achieved good results and broke records, leading to Edwards becoming the first female winner of the Yachtsman of the Year Trophy, changing the perception of women in ocean racing.
