INTEL
Status: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERSimar Chahal added — confirmedStatus: blockedCLUSTERSSW Kafcima added — likelyStatus: blockedCLUSTERNW Corp Singapore added — likelyStatus: pendingCORPUS429 entities · 64 countries
All terms

Shipping & logisticsnor

NOR

Notice of Readiness — the master's declaration that a vessel is ready to load or discharge.

The Notice of Readiness (NOR) is the vessel master's formal declaration that the ship is in all respects ready to load or discharge. Laytime counting starts from a defined trigger off NOR tendering.

Related: Laycan, Demurrage.

See also

laycandemurrage

Seen this term in a live pitch?

These terms show up in real deal pitches — some legitimate, some not. OilFlow screens the counterparty behind the pitch against 7 sanctions lists + PEP and a first-party-investigated fraud-cluster corpus, with a clearance verdict in under 30 seconds.