SOF stands for?

SOF stands for?

• A. Statement of Facts
• B. Summary of Freight
• C. Schedule of Features
• D. Statement of Funds

Answer: (A)

SOF stands for Statement of Facts. It is a factual, chronological record of events affecting a voyage—things like the vessel’s arrival and departure times, the start and end of cargo operations, any delays, weather conditions, port congestion, and other occurrences that influence time on a charter. This document provides objective evidence that owners, charterers, and brokers can rely on when calculating laytime and handling demurrage or disputes, since it shows exactly what happened and when. It isn’t a financial report or a schedule of features, so the other options don’t fit the purpose of this term.

SOF stands for Statement of Facts. It is a factual, chronological record of events affecting a voyage—things like the vessel’s arrival and departure times, the start and end of cargo operations, any delays, weather conditions, port congestion, and other occurrences that influence time on a charter. This document provides objective evidence that owners, charterers, and brokers can rely on when calculating laytime and handling demurrage or disputes, since it shows exactly what happened and when. It isn’t a financial report or a schedule of features, so the other options don’t fit the purpose of this term.