CQD is an acronym used in chartering. What does it stand for?

Study for the Chartering and Brokerage Test. Master ship chartering and brokerage concepts with multiple choice questions and detailed explanations. Get ready to excel!

Multiple Choice

CQD is an acronym used in chartering. What does it stand for?

Explanation:
In chartering, speed of turning around a vessel at port is described with terms like laytime, demurrage, and dispatch. CQD is one of these shorthand phrases. It stands for Customary Quick Despatch, meaning the vessel should be despatched as quickly as customary practice allows once cargo operations are ready to proceed. This sets an expectation that the ship should not face unusual delays and helps determine whether dispatch money may be involved for prompt operation. The phrase uses “Customary” to signal adherence to standard industry practice, and “Quick Despatch” to express the aim of speedy departure. The other proposed options don’t fit the established terminology: they either focus on cargo delivery rather than the vessel’s despatch, or use terms (like contractual or common) that aren’t the standard wording used in chartering.

In chartering, speed of turning around a vessel at port is described with terms like laytime, demurrage, and dispatch. CQD is one of these shorthand phrases. It stands for Customary Quick Despatch, meaning the vessel should be despatched as quickly as customary practice allows once cargo operations are ready to proceed. This sets an expectation that the ship should not face unusual delays and helps determine whether dispatch money may be involved for prompt operation. The phrase uses “Customary” to signal adherence to standard industry practice, and “Quick Despatch” to express the aim of speedy departure. The other proposed options don’t fit the established terminology: they either focus on cargo delivery rather than the vessel’s despatch, or use terms (like contractual or common) that aren’t the standard wording used in chartering.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy