What do you mean by railway mania?
Railway Mania was an instance of a stock market bubble in the United Kingdom of Great Britain and Ireland in the 1840s. It followed a common pattern: as the price of railway shares increased, speculators invested more money, which further increased the price of railway shares, until the share price collapsed.
What is the meaning of super cargo?
A supercargo (from Spanish sobrecargo) is a person employed on board a vessel by the owner of cargo carried on the ship.
What is canal mania and railway mania?
Answer: Canal Mania was the period of intense canal building in England and Wales between the 1790s and 1810s, and the speculative frenzy that accompanied it in the early 1790s.
What is railway mania Class 11?
1) The ‘railway mania’ of the 19th century provided employment opportunities for many. Every aspect of the railways such as production of parts of the engines and bogeys, the laying down of tracks and efficient running and maintenance of the railways generated employment for the population.
What is Supercargo on a ship?
Definition of supercargo
: an officer on a merchant ship in charge of the commercial concerns of the voyage.
Is transmogrify a real word?
verb (used with object), trans·mog·ri·fied, trans·mog·ri·fy·ing. to change in appearance or form, especially strangely or grotesquely; transform.
Why it is called canal mania?
Canal Mania was the period of intense canal building in England and Wales between the 1790s and 1810s, and the speculative frenzy that ensued in the early 1790s.
What was the purpose of canal mania?
Canals could make those who invested in them vast sums of money. In the 1790’s so-called “canal mania” took place when people invested their money into practically every canal project. Canals were good at moving fragile goods such as pottery and also heavy goods such as coal.
What is general average in maritime law?
General Average is a principle of maritime law that essentially establishes that all sea cargo stakeholders (owner, shipper, etc.) evenly share any damage or losses that may occur as a result of voluntary sacrifice of part of the vessel or cargo to save the whole in an emergency.
Where are super cargo tires made?
China
Where are Super Cargo tires made? Super Cargo tires are manufactured in China.
What is Transmorphic?
Noun. transmorphism (countable and uncountable, plural transmorphisms) The transformation or development of one thing into another.
What does more expeditiously mean?
If you do something expeditiously, you do it with speed and great efficiency. You might work expeditiously to finish your chores so you can go out with your friends.
What is rail mania and canal mania?
Why did canals initially built What do you know about canal mania?
1. Canals were initially built to transport coal to cities. This was because the bulk and weight of coal made its transport by road much slower and more expensive than by barges on canals. The demand for coal, as industrial energy and for heating and lighting homes in cities, grew constantly.
Why did canals go into decline?
Canals and the First World War
With little Government support, these problems – coupled with the move away from traditional industries and falling demand for coal – led to a rapid decline in canal transport.
What is new Jason clause?
A standard New Jason Clause confirms that cargo interests are required to contribute to GA when the event results from any cause whatsoever, whether due to negligence or not, or for the consequence of which the owner/carrier is not responsible by statute, contract or otherwise.
What is salvage and towage?
Distinction between towage and salvage
The purpose of towage contract is to offer towing service to a vessel by tugs, while the purpose of salvage is to save vessels which are in danger.
What is Transmogrification biology?
converted the study into a nursery. transmogrify suggests a strange or preposterous metamorphosis. a story in which a frog is transmogrified into a prince. transfigure implies a change that exalts or glorifies.
What is a scrupulous person?
scrupulous \SKROO-pyuh-lus\ adjective. 1 : having moral integrity : acting in strict regard for what is considered right or proper. 2 : punctiliously exact : painstaking.
What is the longest word in the English language?
Pneumonoultramicroscopicsilicovolcanoconiosis
Pneumonoultramicroscopicsilicovolcanoconiosis is the longest word entered in the most trusted English dictionaries.
What is canal mania Class 11?
The period between 1788 to 1796 is known as canal mania. In it, there were another 46 new projects and over the next 60 years more than 4,000 miles of canal were built.
Where is the longest canal in the world?
The Grand Canal is a series of waterways in eastern and northern China starting at Beijing and ending at the city of Hangzhou in Zhejiang province, linking the Yellow River with the Yangtze River.
What is the oldest canal?
Grand Canal, China
- The Grand Canal of China is not only the world’s oldest canal, it is far longer than either Suez or Panama.
- The Future of Water: The Grand Canal provides China’s water resources — for navigation and irrigation.
What is the Cesser clause?
A cesser clause provides that the charterer’s liability for specified payments shall cease at a particular time, usually after shipment of the cargo. This type of clause is usually agreed in exchange of the shipowner’s lien on the cargo.
What is Inchmaree clause?
An Inchmaree clause is found in maritime insurance policies and provides coverage for the ship’s hull from loss or damage caused by machinery. The Inchmaree clause, also called the negligence clause, covers damage that is caused by the negligence of ship personnel, such as engineers and captains, when navigating.