What is double banking for ship?
A vessel may be ordered by a port authority to double bank where there is congestion in a port. This is double banking in the more traditional sense; although two vessels are banked together, the cargo from both vessels is discharged ashore.
What is STS operation?
ship-to-ship (STS) transfer operation is the transfer of cargo between seagoing ships positioned alongside each other, either while stationary or underway. Cargoes typically transferred via STS methods include crude oil, liquefied gas (LPG or LNG), bulk cargo, and petroleum products.
What does STS mean in shipping?
Ship to ship
Ship to ship (STS) transfer is the term primarily applied to the transfer of crude oil, petroleum products, liquid bulk chemicals and liquefied gas between sea-going tankers.
What is STS provider?
STS Marine Solutions is an independent energy transfer company. We deliver first class services globally in all areas of operation while upholding our core values, living up to our legacy of safety, professionalism and efficiency.
What is bimco double Banking clause?
BIMCO Double Banking Clause 1981 (d) The Owners shall be entitled to insure any deductible under the Vessel’s hull policy and the Charterers shall reimburse the Owners any additional premium(s) required by the Vessel’s Underwriters and/or the cost of insuring any deductible under the Vessel’s hull policy.
What is STS in SAML?
An STS is a third-party web service that authenticates clients by validating credentials and issuing security tokens across different formats (for example, SAML, Kerberos, or X. 509). The API Gateway can use the Security Token Service Client filter to request security tokens from an STS using WS-Trust.
What is the purpose of BIMCO?
BIMCO states that its primary objective is to protect its global membership through the provision of information and advice, while promoting fair business practices and facilitating harmonisation and standardisation of commercial shipping practices and contracts.
What is STS in oil and gas?
STS or ship to ship transfer refers to the transfer of ship’s cargo, which can be oil or gas cargo between two merchant tanker vessels positioned alongside each other. Either the ships can be stand still or the STS operation can also be performed while ships are underway.
What is reverse lightering?
Reverse Lightering means a special lightering operation in which a loaded Service Vessel transfers cargo to an Ocean-Going Vessel.