shipowner

noun
ship·​own·​er | \ ˈship-ˌō-nər How to pronounce shipowner (audio) \

Definition of shipowner

: the owner of a ship

Examples of shipowner in a Sentence

Recent Examples on the Web As shipowners relish the moment, some analysts warn that this corner of the oil industry is unlikely to thrive for long because of depressed demand for crude. Stanley Reed, New York Times, "The Oil Industry’s Glut Has a Bright Spot: Tanker Storage," 23 Apr. 2020 By allowing the switch, the lawsuit said, the Coast Guard violated the 1990 Oil Pollution Act that requires shipowners to designate salvage responders in advance. Washington Post, "Five earthquakes rattle border region," 27 Mar. 2020 And disruption at Chinese ports has pushed several oil carriers into demurrage, which is when the trading company that chartered the vessel fails to unload it in time and pays a charge to the shipowner, said Vitol’s Mr. Serio. Benoit Faucon, WSJ, "Ships Turn Into Floating Storage Units for Oil and Gas as Chinese Buyers Back Out," 4 Mar. 2020 The shipowners say that moves to idle Chinese factories beyond the end of the Lunar New Year has curtailed demand for vessels and forced them to adjust their capacity during what is already a low season for shipping because of the Chinese holiday. Hanna Ziady, CNN, "The coronavirus is disrupting global shipping. Now goods are getting stranded," 5 Feb. 2020 Many shipowners believe that more oceangoing vessels will be powered by natural gas in the years ahead. Costas Paris, WSJ, "Natural Gas Won’t Decarbonize Shipping, But the Fuel Is Here to Stay," 4 Feb. 2020 While the captain of a naval ship is under strict orders to follow the route stipulated by the shipowner, in the case of a manhunt, the rules are different. National Geographic, "Arctic obsession drove explorers to seek the North Pole," 24 Jan. 2020 His bloody reputation prompted many shipowners to switch to Panama. The Economist, "Why do one in ten ships fly tiny Liberia’s flag?," 19 Oct. 2019 There’s a guerrilla military leader, a shipowner, and a former president. Amanda Shendruk, Quartz, "There are only 59 named women on the most common banknotes," 19 Nov. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'shipowner.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of shipowner

circa 1530, in the meaning defined above

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The first known use of shipowner was circa 1530

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Last Updated

21 May 2020

Cite this Entry

“Shipowner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/shipowner. Accessed 1 Jun. 2020.

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