"Annaba / Jeddah - 5000 MT Ceramic in Pallets-Open Cargoes & Time Charter" is likely referring to a specific cargo shipment of 5000 metric tons of ceramic goods that are packaged in pallets and shipped as open cargoes. The shipment is traveling from Annaba, a city in northeastern Algeria, to Jeddah, a city in western Saudi Arabia. The shipment is accompanied by a "Time Charter," which is a type of contract where a shipowner rents out their vessel to a charterer for a specific period of time.
As I mentioned before, Ceramic goods are fragile products, it is important to have proper handling, packing, and labeling to ensure that the goods are protected during transportation. Open cargo shipping is a type of shipping where the goods are not enclosed in a container, but are loaded and secured directly onto the ship's deck. This method is typically used for large or heavy items that cannot be loaded into containers.
A Time Charter is a contract between the shipowner and the charterer, where the charterer has the use of the ship for a specific period of time, usually measured in months or years. The charterer is responsible for the operation and maintenance of the vessel during the charter period, and must also pay a daily or monthly fee to the shipowner. The shipowner is responsible for providing the vessel and crew, and is also responsible for any repairs or maintenance that are required.
In this case, the charterer is renting the vessel to transport the Ceramic goods from Annaba to Jeddah, and the Time Charter agreement would include details such as the duration of the charter, the daily or monthly rate, and any other terms and conditions related to the use of the vessel.