| Yard |
| Fenced
off, outdoor storage and repair area. |
|
| Yaw |
| Variation
of the course of a ship to port or starboard caused by the action
of waves or wind. |
|
| Yawl |
| A
vessel's small boat moved by one oar.
A
small sailboat rigged fore-and-aft, with a short mizzenmast astern
of the cockpit - distinguished from ketch.
|
|
| Yield
Bucket |
| The
remaining slot capacity for a trade/voyage in a certain port of
loading after deduction of the allowance for specific contracts. |
|
| Yield
Management |
| The
process of maximising the contribution of every slot, vessel, trade
and network. Basically it should be seen as the process of allocating
the right type of capacity to the right kind of customer at the
right price as to maximise revenue or yield.
The
concept should be used in combination with load factor management.
|
|
| York-Antwerp
Rules |
| See
General Average Act |
