All terms

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.

What does NOR mean in oil and commodity trading?
Notice of Readiness — the master's declaration that a vessel is ready to load or discharge.
How do I check a counterparty that uses NOR in a deal?
The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.

These terms show up in real deal pitches — some legitimate, some not. The free check screens the counterparty behind the pitch against OilFlow's first-party-investigated fraud-cluster corpus in seconds. It queries no sanctions list.

Paste the company, person, or vessel name from the pitch. Free, no signup.

A written read within three business days: the broker-scam cluster corpus, a cached US sanctions pre-screen and the 235-jurisdiction tradability matrix. Not the full eight-list screen, and PEP is not screened. No account, nothing to buy.