EP 1130-2-520
29 Nov 96
(b) Shipments - This characterizes traffic moving from one location to another
where the origin is inside an area defined as a port.
i. Vessel - Commercial. A vessel used in transporting by water, either merchandise or
passengers for compensation or hire, or in the course of business of the owner, lessee, or operator
of leased vessel.
j. Vessel - Leased or Chartered. A vessel that is leased or chartered when the owner
relinquishes control of the vessel through a contractual agreement with a second party for a
specified period of time and/or for a specified remuneration from the lessee. Commercial
movements on an affreightment basis are not considered a lease or charter of a particular vessel.
k. Vessel - Drafts of. The drafts of vessels are reported in the Waterborne Commerce of
the United States, Parts 1-4 in decrements of one foot. For this purpose, all drafts reported in feet
and inches on Vessel Operations Reports (VORS) are raised to the next higher foot; for example,
9 feet 1-inch is raised to 10 feet.
O-4
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