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.
Explore other nautical terms: