ABBREVIATION -N-
Non-Negotiable Bill of Lading
– Bill of Lading
which is not a Signed, original Bill of Lading and
therefore cannot be used to transfer title in the
goods.
Non-Reversible Lay time
– Time allowed to the
charterer for loading is to be treated separately
from the time allowed for discharging for the
purpose of calculating demurrage or dispatch.
NOR
– Notice of Readiness – Clause in a voyage
charter that the shipowner or master must advise
the charterer when the ship has arrived and is
ready to load or discharge for laytime to start
counting.
NOS
– Not Otherwise Specified
Notice of Redelivery – Written notice given by
the time charterer to the shipowner giving the
date when the ship is to be returned to the
shipowner at the end of the period of the charter.
Charterparties may stipulate that several such
notices be given at agreed intervals as the date of
redelivery approaches.
NRT
– Net Registered Tonnage
NT (Net Tonnage)
– The total of all enclosed
spaces within a ship avail- able for cargo
expressed in tons each of which is equivalent to
one hundred cubic feet.
NYPE – New York Produce
