
Notice of Readiness
A Notice of Readiness (NOR) is a formal communication, typically used in shipping and logistics, indicating that a vessel is ready to load or unload cargo at a port. It serves as a notification to the relevant parties that the ship is prepared for the next steps in the shipping process. Once the NOR is issued, it usually triggers certain contractual obligations, such as charging demurrage fees if the cargo isn’t loaded or unloaded promptly. In essence, it marks a critical point in the shipping timeline, ensuring all parties are aware of the vessel's readiness status.