Publisher's Synopsis
Excerpt from The Contract of Affreightment as Expressed in Charterparties and Bills of Lading
The last twenty years have seen what almost amounts to a revolution in the shipping trade of Great Britain. Steamers have supplanted sailing vessels, and the electric telegraph has placed the centres of commerce throughout the world in immediate communication with each other. At the begin nin g of this century, sailing ships made their one or two voyages a year, in a not too hurried manner, and the time) of those voyages varied enormously as winds and waves might ordain. The master, absent from his owners for long periods, and without any power of speedy communication with them, had in all foreign ports great powers and grea t responsibilities in the employment of the ship. Shipowners carried goods under the terms of a short and simple bill of lading.
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