Lay-up

 

 

 

Lay-up

 

Shipping terms glossary

 

Definition of Lay-up

 

Ships are laid-up when rates are too low for profitable trading. Laid-up vessels are moored or anchored with a minimum watch crew on board.

 

Source : http://210.212.115.113:81/Anupam%20Varma/Shipping%20terms%20glossary.docx

link: http://210.212.115.113:81/

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Terminology about shipping

Shipping glossary index of terms

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Definition and meaning of Lay-up

 

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Meaning of Lay-up

 

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