Time chartering means that the charterer hires the vessel for a period of time without crew.
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Fromlegalpointofview,theNotifyPartyontheB/Lisnotthepartyofthecontractofthecarriageofgoodsbysea.
Underthevechartering,theshipownerisresponsibleforthefixedrunningexpensesaswellasfortheveexpenses.
InthepracticeofL/Ctransaction,thebuyerisnotrequiredtopayforthegoodsuntilthearrivaloftherelevant____.
Acleanbillofladingmeansthatthebillofladingisveryclean.
Loadingandunloadingcosts,bunkers,storesandcrewcostsareallfixedcosts.