Nautical Term: NOR

Definition of NOR

Notice of Readiness (NOR) refers to a document in nautical terminology. This notice communicates the readiness of a ship or its crew to comply with specified terms of a contract, such as a charter party.

For example, in a charter party agreement, the shipowner may provide a Notice of Readiness to the charterer, indicating that the ship and crew are ready to load the cargo at a specified port and loading date.

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