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Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
The Hague Rules of 1924 (formally the "International Convention for the Unification of Certain Rules of Law relating to Bills of Lading, and Protocol of Signature") [1] is an international convention to impose minimum standards upon commercial carriers of goods by sea. Previously, only the common law [2] [3] [4] provided protection to cargo ...
Admiralty law. The Carriage of Goods by Sea Act ( COGSA) [1] is a United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S. enactment of the International Convention Regarding Bills of Lading, commonly known as the "Hague Rules".
The law of carriage of goods by sea is a body of law that governs the rights and duties of shippers, carriers and consignees of marine cargo. [1] Primarily concerned with cargo claims, this body of law combines the international commercial law, the law of the sea and admiralty laws . The typical obligations of a carrier by sea to a shipper of ...
Philippine Span Asia Carrier Corporation ( PSACC ), formerly branded as Sulpicio Lines, Inc. ( SLI, Tagalog pronunciation: [sulˈpiːʃo] ), is a major shipping line in the Philippines. [1] [2] PSACC is one of the largest domestic shipping and container companies in the Philippines in terms of the number of vessels operated and gross tonnage.
International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa.
Philippine Ports Authority (Filipino: Pangasiwaan ng Daungan ng Pilipinas) is a government-owned and controlled corporation under the Department of Transportation as an attached agency. It is responsible for financing, management and operations of public ports throughout the Philippines , except the port of Cebu, which is under the Cebu Ports ...
2001. 23. Ocean Fast Ferries, Inc. (OceanJet) 1995. 16. Philippine Span Asia Carrier Corporation. 1973. 142. Formerly Sulpicio Lines from 1973 to 2012; changed name and stopped passenger services following the tragic sinking of its passenger ship MV Princess of the Stars in 2008.