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MARITIME LEGAL GLOSSARY |
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Glossary of Maritime Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q
R S
T U V
W X Y Z #
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- W -
Warranty: a promise about a product made by either a manufacturer or a seller.
War risk: insurance coverage for loss of goods resulting from any act of war.
Watch: the day at sea is divided into six four hour periods. Three groups of watchstanders are on duty for four hours and then off for eight, then
back to duty. Seamen often work overtime during their off time.
Wharfage: charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or
dock.
Witness: person who comes to court and swears under oath to give truthful evidence.
Worldscale: an index representing the cost of time chartering a tanker for a specific voyage at a given time. The index is given at worldscale 100,
which represents the price in dollars per ton for carrying the oil at that rate. The negotiated rate will be some percentage of the index value.
WRIT: a judicial order.
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