Vessel Chartering

Activity within the shipping industry whereby a ship owner hires out the use of their vessel to a charterer. The contract between the parties is called a charter party.

 

Ship to Ship

Ship-to-ship (STS) transfer operation is the transfer of cargo between seagoing ships positioned alongside each other, either while stationary or underway.

 

 

Vendor Managed Inventory

The cargo owner appointed Linsa to manage their inventory in terms of quality, quantity, and safety with value-added services.

 

Floating Storage and Offloading (FSO)

A floating vessel located on the coast to serve cargo distribution to supply demand onshore / offshore.