{"id":3032,"date":"2022-12-18T16:47:22","date_gmt":"2022-12-18T16:47:22","guid":{"rendered":"https:\/\/www.sinoflex.com.my\/?page_id=3032"},"modified":"2022-12-18T17:29:19","modified_gmt":"2022-12-18T17:29:19","slug":"terms-and-definitions","status":"publish","type":"page","link":"https:\/\/www.sinoflex.com.my\/?page_id=3032","title":{"rendered":"Terms and Definitions"},"content":{"rendered":"<div class=\"bt_rc_container\"><section id=\"bt_section6a0a954fc3055\" data-parallax=\"0.1\" data-parallax-offset=\"0\" class=\"boldSection topExtraSpaced bottomMoreSpaced btDarkSkin gutter btMiddleVertical btParallax wBackground cover\" style=\"background-image:url('https:\/\/www.sinoflex.com.my\/wp-content\/uploads\/2015\/09\/train_bckg.jpg');\"><div class=\"port\"><div class=\"boldCell\"><div class=\"boldCellInner\"><div class=\"boldRow \" ><div class=\"rowItem col-md-12 col-ms-12  btTextLeft animate animate-fadein animate-moveleft inherit\"  ><div class=\"rowItemContent\"><header class=\"header btClear extralarge btDash bottomDash  btAccentDash btRegularTitle\" style=\"max-width:800px;\"><p class=\"btSuperTitle\">An Useful Information<\/p><div class=\"dash\"><h1><span class=\"headline\">About Our Logistics Services<\/span><\/h1><\/div><\/header><div class=\"btClear btSeparator bottomSemiSpaced noBorder\" ><hr><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section id=\"bt_section6a0a954fc3562\"  class=\"boldSection topSemiSpaced bottomSemiSpaced gutter inherit\" ><div class=\"port\"><div class=\"boldCell\"><div class=\"boldCellInner\"><div class=\"boldRow \" ><div class=\"rowItem col-md-12 col-ms-12  btTextLeft inherit\"  ><div class=\"rowItemContent\"><header class=\"header btClear medium  btAccentDash btRegularTitle\" ><div class=\"dash\"><h3><span class=\"headline\">Terms and Definitions<\/span><\/h3><\/div><\/header><\/div><\/div><\/div><div class=\"boldRow \" ><div class=\"rowItem col-md-12 col-ms-12  btTextLeft animate animate-fadein inherit\"  ><div class=\"rowItemContent\"><div class=\"btTabs tabsHorizontal\"><ul class=\"tabsHeader\"><li><span>General<\/span><\/li><li><span>A<\/span><\/li><li><span>B<\/span><\/li><li><span>C<\/span><\/li><li><span>D<\/span><\/li><li><span>E<\/span><\/li><li><span>F<\/span><\/li><li><span>G<\/span><\/li><li><span>H<\/span><\/li><li><span>I-K<\/span><\/li><li><span>L<\/span><\/li><li><span>M-O<\/span><\/li><li><span>P-R<\/span><\/li><li><span>S<\/span><\/li><li><span>T-V<\/span><\/li><li><span>W-Z<\/span><\/li><\/ul><div class=\"tabPanes tabPanesTabs\"><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><h6>FIOS (FREE IN, OUT, STOWED):<\/h6>\n<p>It is most important to remember that the &#8220;Free&#8221; reference is viewed from the Ship Owners point of view &#8211; not the Shipper&#8217;s. Some Shippers get caught out when they read the word &#8220;Free&#8221; as they incorrectly believe that it refers to them. Freight rates quoted on a FIOS basis specifically exclude all aspects relating to cargo handling operations. The ship is only responsible for expenses arising as a result of the ship calling into the port, i.e. tugs, pilots and light dues etc. Another very important consideration when booking cargo on FIOS terms is that the ship does not bear any responsibility for the speed of loading or discharging. Usually the rate agreed includes a fixed &#8220;free&#8221; period of time for loading\/discharging operations, after which time a daily demurrage is incurred. Obviously this is of paramount importance where port congestion or stevedoring performance is uncertain. There are many overseas ports which fall into this category and particularly where vessel demurrage rates can vary significantly, depending on the size and type of ship nominated to undertake the particular project.<\/p>\n<h6>LINER TERMS &#8211; GENERAL STATEMENT:<\/h6>\n<p>Liner Terms is a very ambiguous statement and can be interpreted in a variety of ways in different ports of the world and by different Ship Owners\/Agents. Personally we would prefer to clearly define the extent of responsibility when quoting on this basis.<\/p>\n<h6>LINER TERMS HOOK \/ HOOK:<\/h6>\n<p>Given that this is a notional point in chartering terms, this is best described as the Shipper\/Receiver arranging for delivery\/receival of cargo to\/from directly under ships hook and the ship paying for the labour to stow the cargo in the vessels cargo holds, as well as on-board lashing &amp; securing and provision of dunnage materials, and to discharge again over the ship&#8217;s side. Shore based stevedoring aspects remain the responsibility of the shipper\/receiver, however, there are some Owners that may incorporate these costs into their LTHH rate. Once again, ask Owners to clearly define this aspect. Wharfage charges\/dues\/taxes can be a contentious issue but are usually considered to be for the Shippers\/Receivers account and there may also be many other statutory levies on cargo or freight that may apply. Many Shippers\/Receivers are unaware of these additional costs and do not include them into their costing and consequently may be left with an unexpected considerable expense at the completion of a project.<\/p>\n<h6>FULL LINER TERMS:<\/h6>\n<p>This is somewhat a vaguer term given different port practices. However, it generally implies that the freight amount provided includes both shore based and on-board stevedoring, lashing\/unlashing, dunnage materials, securing\/unsecuring and all costs of presenting to\/receiving the cargo from the ship&#8217;s side; with the shippers\/receivers just bearing the cost of discharging from\/reloading to the transport, along with the usual port charges\/levies\/taxes etc. Frequently the terms are varied at different ends of the voyage i.e. FILO (Free In\/Liner Out), LIFO (Liner In Free Out) or FIFO (Free In\/Free Out) etc. To be absolutely sure of all liabilities, it is always advisable to request that terms clearly and concisely indicate what is\/isn&#8217;t included in your particular contract &#8211; in layman&#8217;s terms.<\/p>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>AA<\/td>\n<td>Always Afloat<\/td>\n<\/tr>\n<tr>\n<td>AAAA<\/td>\n<td>Always Accessible Always Afloat<\/td>\n<\/tr>\n<tr>\n<td>AAOSA<\/td>\n<td>Always Afloat or Safe Aground. Condition for a vessel whilst in port<\/td>\n<\/tr>\n<tr>\n<td>AARA<\/td>\n<td>Amsterdam-Antwerp-Rotterdam Area<\/td>\n<\/tr>\n<tr>\n<td>ABAFT<\/td>\n<td>Toward the rear (stern) of the ship. Behind.<\/td>\n<\/tr>\n<tr>\n<td>ABOARD<\/td>\n<td>On or within the ship<\/td>\n<\/tr>\n<tr>\n<td>ABOVE DECK<\/td>\n<td>On the deck (not over it &#8211; see ALOFT)<\/td>\n<\/tr>\n<tr>\n<td>ABT<\/td>\n<td>About<\/td>\n<\/tr>\n<tr>\n<td>ADCOM<\/td>\n<td>Address Commission<\/td>\n<\/tr>\n<tr>\n<td>ADDENDUM<\/td>\n<td>Additional chartering terms at the end of a charter party<\/td>\n<\/tr>\n<tr>\n<td>AFSPS<\/td>\n<td>Arrival First Sea Pilot Station (Norway)<\/td>\n<\/tr>\n<tr>\n<td>AFFREIGHTMENT<\/td>\n<td>The hiring of a ship in whole or part<\/td>\n<\/tr>\n<tr>\n<td>AFT<\/td>\n<td>At or towards the stern or rear of a ship<\/td>\n<\/tr>\n<tr>\n<td>AGROUND<\/td>\n<td>Touching or fast to the bottom<\/td>\n<\/tr>\n<tr>\n<td>AGW<\/td>\n<td>All Going Well<\/td>\n<\/tr>\n<tr>\n<td>AHL<\/td>\n<td>Australian Hold Ladders<\/td>\n<\/tr>\n<tr>\n<td>AIDS TO NAVIGATION<\/td>\n<td>Artificial objects to supplement natural landmarks indicating safe and unsafe waters<\/td>\n<\/tr>\n<tr>\n<td>ALOFT<\/td>\n<td>Above the deck of the ship<\/td>\n<\/tr>\n<tr>\n<td>AMIDSHIPS<\/td>\n<td>In or toward the centre of the ship<\/td>\n<\/tr>\n<tr>\n<td>ANCHORAGE<\/td>\n<td>A place suitable for anchorage in relation to the wind, seas and bottom<\/td>\n<\/tr>\n<tr>\n<td>ANTHAM<\/td>\n<td>Antwerp-Hamburg Range<\/td>\n<\/tr>\n<tr>\n<td>APS<\/td>\n<td>Arrival Pilot Station<\/td>\n<\/tr>\n<tr>\n<td>ARAG<\/td>\n<td>Amsterdam-Rotterdam&#8211;Antwerp-Gent Range<\/td>\n<\/tr>\n<tr>\n<td>ARBITRATION<\/td>\n<td>Method of settling disputes which is usually binding on parties. A clause usually in a charter party<\/td>\n<\/tr>\n<tr>\n<td>A\/S<\/td>\n<td>Alongside<\/td>\n<\/tr>\n<tr>\n<td>ASBA<\/td>\n<td>American Shipbrokers Association<\/td>\n<\/tr>\n<tr>\n<td>ASPW<\/td>\n<td>Any Safe Port in the World<\/td>\n<\/tr>\n<tr>\n<td>ASTERN<\/td>\n<td>In the back of the ship, opposite of ahead<\/td>\n<\/tr>\n<tr>\n<td>ATDNSHINC<\/td>\n<td>Any Time Day\/Night Sundays and Holidays Included<\/td>\n<\/tr>\n<tr>\n<td>ATHWARTSHIPS<\/td>\n<td>At right angles to the centreline of the ship<\/td>\n<\/tr>\n<tr>\n<td>ATUTC<\/td>\n<td>Actual Times Used to Count<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>BACKLETTER<\/td>\n<td>Where a seller\/shipper issues a &#8216;letter of indemnity&#8217; in favour of the carrier in exchange for a clean bill of lading<\/td>\n<\/tr>\n<tr>\n<td>BAF<\/td>\n<td>Bunker Adjustment Factor. A Fuel Surcharge expressed as a percentage added or subtracted from the freight amount, reflecting the movement in the market place price for bunkers.<\/td>\n<\/tr>\n<tr>\n<td>BALE CAP.<\/td>\n<td>Cubic capacity of a vessels holds to carry packaged dry cargo such as bales\/pallets<\/td>\n<\/tr>\n<tr>\n<td>BALLAST<\/td>\n<td>Heavy weight, often sea water, necessary for the stability and safety of a ship which may or may not be carrying cargo. in order to safeguard stability of the vessel and to be able to correct heeling angles by pumping ballast from one tank to another. A &#8220;Ballast trip&#8221; is a trip where the ship does actually have no cargo on board, only ballast (water).<\/td>\n<\/tr>\n<tr>\n<td>BALLAST BONUS<\/td>\n<td>Compensation for relatively long ballast voyage<\/td>\n<\/tr>\n<tr>\n<td>BAREBOAT CHTR.<\/td>\n<td>Bareboat Charter &#8211; Owners lease a specific ship and control its technical management and commercial operations only. Charterers take over all responsibility for the operation of the vessel and expenses for the duration.<\/td>\n<\/tr>\n<tr>\n<td>BBB<\/td>\n<td>Before Breaking Bulk. Refers to freight payments that must be received before discharge of a vessel commences<\/td>\n<\/tr>\n<tr>\n<td>BDI<\/td>\n<td>Both Dates Inclusive<\/td>\n<\/tr>\n<tr>\n<td>BEAM<\/td>\n<td>The maximum breadth or the greatest width of a ship<\/td>\n<\/tr>\n<tr>\n<td>BELOW<\/td>\n<td>Beneath the deck<\/td>\n<\/tr>\n<tr>\n<td>BENDS<\/td>\n<td>Both Ends (Load &amp; Discharge Ports)<\/td>\n<\/tr>\n<tr>\n<td>BI<\/td>\n<td>Both Inclusive<\/td>\n<\/tr>\n<tr>\n<td>BIMCO<\/td>\n<td>The Baltic and International Maritime Council<\/td>\n<\/tr>\n<tr>\n<td>BL<sup>1<\/sup><\/td>\n<td>Bale<\/td>\n<\/tr>\n<tr>\n<td>BL<sup>2<\/sup><\/td>\n<td>(Bill of Lading) A document signed by the carrier which acts as a Contract of Affreightment, a receipt and evidence of title to the cargo.<\/td>\n<\/tr>\n<tr>\n<td>BM<\/td>\n<td>Beam<\/td>\n<\/tr>\n<tr>\n<td>BN<\/td>\n<td>Booking Note<\/td>\n<\/tr>\n<tr>\n<td>BOB<\/td>\n<td>Bunker on Board<\/td>\n<\/tr>\n<tr>\n<td>BOFFER<\/td>\n<td>Best Offer<\/td>\n<\/tr>\n<tr>\n<td>BOW<\/td>\n<td>The forward part of a ship<\/td>\n<\/tr>\n<tr>\n<td>BROB<\/td>\n<td>Bunkers Remaining on Board<\/td>\n<\/tr>\n<tr>\n<td>BROKERAGE<\/td>\n<td>Percentage of freight payable to broker (by owners in c\/p&#8217;s) or applicable to sale or purchase<\/td>\n<\/tr>\n<tr>\n<td>BSS<\/td>\n<td>Basis<\/td>\n<\/tr>\n<tr>\n<td>BSS 1\/1<\/td>\n<td>Basis 1 Port to 1 Port<\/td>\n<\/tr>\n<tr>\n<td>BT<\/td>\n<td>Berth Terms<\/td>\n<\/tr>\n<tr>\n<td>BULKHEAD<\/td>\n<td>A vertical partition separating compartments<\/td>\n<\/tr>\n<tr>\n<td>BUNDLING<\/td>\n<td>This is the assembly of pieces of cargo, secured into one manageable unit. This is relevant to items such as Structural Steel, Handrails, Stairways etc. Whilst this is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large (20 tonne) fork lift.<\/td>\n<\/tr>\n<tr>\n<td>BUNKERS<\/td>\n<td>Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)<\/td>\n<\/tr>\n<tr>\n<td>BUOY<\/td>\n<td>An anchored float used for marking a position on the water or a hazard or a shoal and for mooring<\/td>\n<\/tr>\n<tr>\n<td>BWAD<\/td>\n<td>Brackish Water Arrival Draft<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>CAF<\/td>\n<td>Currency Adjustment Factor<\/td>\n<\/tr>\n<tr>\n<td>CBM<\/td>\n<td>Cubic Metres<\/td>\n<\/tr>\n<tr>\n<td>CBFT (or CFT)<\/td>\n<td>Cubic Feet<\/td>\n<\/tr>\n<tr>\n<td>CFR (or C&amp;F)<\/td>\n<td>Cost and Freight<\/td>\n<\/tr>\n<tr>\n<td>CHART<\/td>\n<td>A map used by navigators<\/td>\n<\/tr>\n<tr>\n<td>CHOPT<\/td>\n<td>Charterers Option<\/td>\n<\/tr>\n<tr>\n<td>CHTRS<\/td>\n<td>Charterers<\/td>\n<\/tr>\n<tr>\n<td>CIF<\/td>\n<td>Cost, Insurance &amp; Freight. Seller pays all these costs to a nominated port or place of discharge.<\/td>\n<\/tr>\n<tr>\n<td>CKD<\/td>\n<td>Completely knocked down<\/td>\n<\/tr>\n<tr>\n<td>COA<\/td>\n<td>Contract of Affreightment &#8211; Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.<\/td>\n<\/tr>\n<tr>\n<td>CIP<\/td>\n<td>Carriage and Insurance paid to&#8230;<\/td>\n<\/tr>\n<tr>\n<td>COACP<\/td>\n<td>Contract of Affreightment Charter Party<\/td>\n<\/tr>\n<tr>\n<td>COB<\/td>\n<td>Closing of Business<\/td>\n<\/tr>\n<tr>\n<td>COBLDN<\/td>\n<td>Closing of Business London<\/td>\n<\/tr>\n<tr>\n<td>COD<\/td>\n<td>Cash On Delivery<\/td>\n<\/tr>\n<tr>\n<td>COGSA<\/td>\n<td>Carriage of Goods by Sea Act<\/td>\n<\/tr>\n<tr>\n<td>CONGESTION<\/td>\n<td>Port\/berth delays<\/td>\n<\/tr>\n<tr>\n<td>CONS<\/td>\n<td>Consumption<\/td>\n<\/tr>\n<tr>\n<td>C\/SNEE<\/td>\n<td>CONSIGNEE. Name of agent, company or person receiving consignment<\/td>\n<\/tr>\n<tr>\n<td>COP<\/td>\n<td>Custom Of Port<\/td>\n<\/tr>\n<tr>\n<td>CP (or C\/P)<\/td>\n<td>Charter Party<\/td>\n<\/tr>\n<tr>\n<td>CPD<\/td>\n<td>Charterers Pay Dues<\/td>\n<\/tr>\n<tr>\n<td>CPT<\/td>\n<td>Carriage Paid To<\/td>\n<\/tr>\n<tr>\n<td>CQD<\/td>\n<td>Customary Quick Despatch<\/td>\n<\/tr>\n<tr>\n<td>CR<\/td>\n<td>Current Rate<\/td>\n<\/tr>\n<tr>\n<td>CROB<\/td>\n<td>Cargo Remaining on Board<\/td>\n<\/tr>\n<tr>\n<td>CRN<\/td>\n<td>Crane<\/td>\n<\/tr>\n<tr>\n<td>CRT<\/td>\n<td>Cargo Retention Clauses, introduced by charterers based on shortage of delivered cargo because of increased oil prices<\/td>\n<\/tr>\n<tr>\n<td>CST<\/td>\n<td>Centistoke<\/td>\n<\/tr>\n<tr>\n<td>CTR<\/td>\n<td>Container Fitted<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>DA<\/td>\n<td>Disbursement Account<\/td>\n<\/tr>\n<tr>\n<td>DAF<\/td>\n<td>Deliver At Frontier<\/td>\n<\/tr>\n<tr>\n<td>DAPS<\/td>\n<td>Days all Purposes (Total days for loading &amp; discharging)<\/td>\n<\/tr>\n<tr>\n<td>DAMFORDET<\/td>\n<td>Damages for Detention. Penalty if cargo is not ready when ship arrives for working (1st day of Laycan). This is not detention which is charged for ships time on delay. If the cargo is ready there is no DAMFORDET.<\/td>\n<\/tr>\n<tr>\n<td>DDU<\/td>\n<td>Delivered Duty unpaid.<\/td>\n<\/tr>\n<tr>\n<td>DDP<\/td>\n<td>Delivered Duty Paid.<\/td>\n<\/tr>\n<tr>\n<td>DECK<\/td>\n<td>A permanent covering over a compartment, hull or any part thereof<\/td>\n<\/tr>\n<tr>\n<td>DEM<\/td>\n<td>Demurrage (Quay Rent). Money paid by the shipper for the occupying port space beyond a specified &#8220;Free Time&#8221; period.<\/td>\n<\/tr>\n<tr>\n<td>DEQ<\/td>\n<td>Delivered Ex Quay<\/td>\n<\/tr>\n<tr>\n<td>DES<\/td>\n<td>Delivered Ex Ship<\/td>\n<\/tr>\n<tr>\n<td>DESP<\/td>\n<td>Despatch. Time saved, reward for quick turnaround- in dry cargo only<\/td>\n<\/tr>\n<tr>\n<td>DET<\/td>\n<td>Detention (See DAMFORDET)<\/td>\n<\/tr>\n<tr>\n<td>DEV<\/td>\n<td>Deviation. Vessel departure from specified voyage course<\/td>\n<\/tr>\n<tr>\n<td>DFRT<\/td>\n<td>Deadfreight. Space booked by shipper or charterer on a vessel but not used<\/td>\n<\/tr>\n<tr>\n<td>DHDATSBE<\/td>\n<td>Despatch Half Demurrage on All Time Saved Both Ends<\/td>\n<\/tr>\n<tr>\n<td>DHDWTSBE<\/td>\n<td>Despatch Half Demurrage on Working Time Saved Both Ends<\/td>\n<\/tr>\n<tr>\n<td>DISCH<\/td>\n<td>Discharge<\/td>\n<\/tr>\n<tr>\n<td>DK<\/td>\n<td>Deck<\/td>\n<\/tr>\n<tr>\n<td>DLOSP<\/td>\n<td>Dropping Last Outwards Sea Pilot (Norway)<\/td>\n<\/tr>\n<tr>\n<td>DO<\/td>\n<td>Diesel Oil<\/td>\n<\/tr>\n<tr>\n<td>DOLSP<\/td>\n<td>Dropping Off Last Sea Pilot (Norway)<\/td>\n<\/tr>\n<tr>\n<td>DOP<\/td>\n<td>Dropping Outward Pilot<\/td>\n<\/tr>\n<tr>\n<td>DOT<\/td>\n<td>Department of Transport<\/td>\n<\/tr>\n<tr>\n<td>DNRCAOSLONL<\/td>\n<td>Discountless and Non-Returnable Cargo and\/or Ship Lost or Not Lost<\/td>\n<\/tr>\n<tr>\n<td>DRAUGHT (or DRAFT)<\/td>\n<td>Depth to which a ship is immersed in water. The depth varies according to the design of the ship and will be greater or lesser depending not only on the weight of the ship and everything on board, but also on the density of the water in which the ship is lying.<\/td>\n<\/tr>\n<tr>\n<td>DRK<\/td>\n<td>Derrick<\/td>\n<\/tr>\n<tr>\n<td>DUNNAGE<\/td>\n<td>Materials of various types, often timber or matting, placed among the cargo for separation, and hence protection from damage, for ventilation and, in the case of certain cargoes, to provide space in which the tynes of a fork lift truck may be inserted.<\/td>\n<\/tr>\n<tr>\n<td>DWAT (or DWT)<\/td>\n<td>Deadweight. Weight of cargo, stores and water, i.e. the difference between lightship and loaded displacement.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>EBB<\/td>\n<td>A receeding current<\/td>\n<\/tr>\n<tr>\n<td>EC<\/td>\n<td>East Coast<\/td>\n<\/tr>\n<tr>\n<td>EIU<\/td>\n<td>Even If Used<\/td>\n<\/tr>\n<tr>\n<td>ELVENT<\/td>\n<td>Electric Ventilation<\/td>\n<\/tr>\n<tr>\n<td>ETA<\/td>\n<td>Estimated Time of Arrival<\/td>\n<\/tr>\n<tr>\n<td>ETC<\/td>\n<td>Estimated Time of Completion<\/td>\n<\/tr>\n<tr>\n<td>ETD<\/td>\n<td>Estimated Time of Departure<\/td>\n<\/tr>\n<tr>\n<td>ETS<\/td>\n<td>Estimated Time of Sailing<\/td>\n<\/tr>\n<tr>\n<td>EXW<\/td>\n<td>Ex Works<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>FAC<\/td>\n<td>Fast as can<\/td>\n<\/tr>\n<tr>\n<td>FAS<\/td>\n<td>Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading<\/td>\n<\/tr>\n<tr>\n<td>FCA<\/td>\n<td>Free to Carrier. A modern equivalent of FAS used in intermodal transport where goods are transferred at a nominated forwarders premises, depot or terminal but not actually on board vessel.<\/td>\n<\/tr>\n<tr>\n<td>FD (FDIS)<\/td>\n<td>Free Discharge<\/td>\n<\/tr>\n<tr>\n<td>FDD<\/td>\n<td>Freight Demurrage Deadfreight<\/td>\n<\/tr>\n<tr>\n<td>FDESP<\/td>\n<td>Free Despatch<\/td>\n<\/tr>\n<tr>\n<td>FDEDANRSAOCLONL<\/td>\n<td>Freight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost<\/td>\n<\/tr>\n<tr>\n<td>FENDER<\/td>\n<td>A cushion, placed between ships, or between a ship and a pier, to prevent damage<\/td>\n<\/tr>\n<tr>\n<td>FEU<\/td>\n<td>Standard 40?Container<\/td>\n<\/tr>\n<tr>\n<td>FHEX<\/td>\n<td>Fridays\/Holidays Excluded<\/td>\n<\/tr>\n<tr>\n<td>FHINC<\/td>\n<td>Fridays\/Holidays Included<\/td>\n<\/tr>\n<tr>\n<td>FILO<\/td>\n<td>Free In\/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.<\/td>\n<\/tr>\n<tr>\n<td>FIO<\/td>\n<td>Free In\/Out. Freight booked FIO includes the seafreight, but no loading\/discharging costs, i.e. the charterer pays for cost of loading\/discharging cargo.<\/td>\n<\/tr>\n<tr>\n<td>FIOS<\/td>\n<td>Free In\/Out Stowed. As per FIO, but excludes stowage costs.<\/td>\n<\/tr>\n<tr>\n<td>FIOST<\/td>\n<td>Free In\/Out and Trimmed. Charterer pays for cost of loading\/discharging cargo, including stowage and trimming.<\/td>\n<\/tr>\n<tr>\n<td>FIOT<\/td>\n<td>Free In\/Out and Trimmed. As per FIOS but includes trimming, e.g. the levelling of bulk cargoes. FIOS includes seafreight, but excludes loading\/discharging and stowage costs.<\/td>\n<\/tr>\n<tr>\n<td>FIT<\/td>\n<td>Free In Trimmed<\/td>\n<\/tr>\n<tr>\n<td>FIW<\/td>\n<td>Free In Wagon<\/td>\n<\/tr>\n<tr>\n<td>FIXING<\/td>\n<td>Chartering a Vessel<\/td>\n<\/tr>\n<tr>\n<td>FIXTURE<\/td>\n<td>Conclusion of shipbrokers negotiations to charter a ship &#8211; an agreement<\/td>\n<\/tr>\n<tr>\n<td>FLATPACKING<\/td>\n<td>Cargo to be presented stacked and secured as an integral unit.<\/td>\n<\/tr>\n<tr>\n<td>FLT<\/td>\n<td>Full Liner Terms<\/td>\n<\/tr>\n<tr>\n<td>FMC<\/td>\n<td>Federal Maritime Commission<\/td>\n<\/tr>\n<tr>\n<td>FME<\/td>\n<td>Force Majeure Excepted<\/td>\n<\/tr>\n<tr>\n<td>FMS<\/td>\n<td>Fathoms<\/td>\n<\/tr>\n<tr>\n<td>FO<sup>1<\/sup><\/td>\n<td>For Orders<\/td>\n<\/tr>\n<tr>\n<td>FO<sup>2<\/sup> (IFO)<\/td>\n<td>Fuel Oil\/Intermediate FO<\/td>\n<\/tr>\n<tr>\n<td>FO<sup>3<\/sup><\/td>\n<td>Free Out<\/td>\n<\/tr>\n<tr>\n<td>FOB<\/td>\n<td>Free on Board. Seller sees the goods &#8220;over the ship? rail&#8221; on to the ship which is arranged and paid for by the buyer<\/td>\n<\/tr>\n<tr>\n<td>FOFFER<\/td>\n<td>Firm Offer<\/td>\n<\/tr>\n<tr>\n<td>FOG<\/td>\n<td>For Our Guidance<\/td>\n<\/tr>\n<tr>\n<td>FOQ<\/td>\n<td>Free On Quay<\/td>\n<\/tr>\n<tr>\n<td>FOR<\/td>\n<td>Free On Rail<\/td>\n<\/tr>\n<tr>\n<td>FORCE MAJEURE<\/td>\n<td>Clause limiting responsibilities of the charterers, shippers and receivers of cargo.<\/td>\n<\/tr>\n<tr>\n<td>FORE-AND-AFT<\/td>\n<td>In a line parallel to the keel<\/td>\n<\/tr>\n<tr>\n<td>FORWARD<\/td>\n<td>Toward the bow of the ship<\/td>\n<\/tr>\n<tr>\n<td>FOT<\/td>\n<td>Free On Truck<\/td>\n<\/tr>\n<tr>\n<td>FOW<sup>1<\/sup><\/td>\n<td>First Open Water<\/td>\n<\/tr>\n<tr>\n<td>FOW<sup>2<\/sup><\/td>\n<td>Free On Wharf<\/td>\n<\/tr>\n<tr>\n<td>FP<\/td>\n<td>Free Pratique. Clearance by the Health Authorities<\/td>\n<\/tr>\n<tr>\n<td>FR<\/td>\n<td>First Refusal. First attempt at best offer that can be matched<\/td>\n<\/tr>\n<tr>\n<td>FREEBOARD<\/td>\n<td>The minimum vertical distance from the surface of the water to the gunwale<\/td>\n<\/tr>\n<tr>\n<td>FRT<\/td>\n<td>Freight. Money payable on delivery of cargo in a mercantile condition<\/td>\n<\/tr>\n<tr>\n<td>FREE DESPATCH<\/td>\n<td>If loading\/discharging achieved sooner than agreed, there will be no freight money returned.<\/td>\n<\/tr>\n<tr>\n<td>FREE EXINS<\/td>\n<td>Free of any Extra Insurance (Owners)<\/td>\n<\/tr>\n<tr>\n<td>FREE OUT<\/td>\n<td>Free of discharge costs to owners. Includes seafreight only.<\/td>\n<\/tr>\n<tr>\n<td>FRUSTRATION<\/td>\n<td>Charterers when cancelling agreement sometimes quote &#8216;doctrine of frustration&#8217; i.e. vessel is lost, extensive delays.<\/td>\n<\/tr>\n<tr>\n<td>FWAD<\/td>\n<td>Fresh Water Arrival Draft<\/td>\n<\/tr>\n<tr>\n<td>FWDD<\/td>\n<td>Fresh Water Departure Draft<\/td>\n<\/tr>\n<tr>\n<td>FYG<\/td>\n<td>For Your Guidance<\/td>\n<\/tr>\n<tr>\n<td>FYI<\/td>\n<td>For Your Information<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>GA<\/td>\n<td>General Average<\/td>\n<\/tr>\n<tr>\n<td>GEAR<\/td>\n<td>A general term for ropes, blocks, tackle and other equipment<\/td>\n<\/tr>\n<tr>\n<td>GLS (GLESS)<\/td>\n<td>Gearless<\/td>\n<\/tr>\n<tr>\n<td>GNCN<\/td>\n<td>Gencon (GENERAL CONDITIONS)<\/td>\n<\/tr>\n<tr>\n<td>GN (or GR)<\/td>\n<td>Grain (Capacity)<\/td>\n<\/tr>\n<tr>\n<td>GO<\/td>\n<td>Gas Oil<\/td>\n<\/tr>\n<tr>\n<td>GP<\/td>\n<td>Grain Capacity. Cubic capacity in &#8216;grain&#8217;<\/td>\n<\/tr>\n<tr>\n<td>GR<\/td>\n<td>Geographical Rotation. Ports in order of calling<\/td>\n<\/tr>\n<tr>\n<td>GRD<\/td>\n<td>Geared<\/td>\n<\/tr>\n<tr>\n<td>GRT<\/td>\n<td>Gross Registered Tonnage<\/td>\n<\/tr>\n<tr>\n<td>GSB<\/td>\n<td>Good, Safe Berth<\/td>\n<\/tr>\n<tr>\n<td>GSP<\/td>\n<td>Good, Safe Port<\/td>\n<\/tr>\n<tr>\n<td>GTEE<\/td>\n<td>Guarantee<\/td>\n<\/tr>\n<tr>\n<td>GUNWALE<\/td>\n<td>The upper edge of a ship&#8217;s sides<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2H<\/td>\n<td>Second Half<\/td>\n<\/tr>\n<tr>\n<td>HA<\/td>\n<td>Hatch<\/td>\n<\/tr>\n<tr>\n<td>HAGUE RULES<\/td>\n<td>Code of minimum conditions for the carriage of cargo under a Bill of Lading<\/td>\n<\/tr>\n<tr>\n<td>HATCH<\/td>\n<td>An opening in a ship&#8217;s deck fitted with a watertight cover<\/td>\n<\/tr>\n<tr>\n<td>HBF<\/td>\n<td>Harmless Bulk Fertilizer<\/td>\n<\/tr>\n<tr>\n<td>HDLTSBENDS<\/td>\n<td>Half Despatch Lay Time Saved Both Ends<\/td>\n<\/tr>\n<tr>\n<td>HDWTS<\/td>\n<td>Half Despatch Working (or Weather) Time Saved<\/td>\n<\/tr>\n<tr>\n<td>HHDW<\/td>\n<td>Handy Heavy d.w. (Scrap)<\/td>\n<\/tr>\n<tr>\n<td>HIRE<\/td>\n<td>T\/C Remuneration<\/td>\n<\/tr>\n<tr>\n<td>HMS<\/td>\n<td>Heavy Metal Scraps<\/td>\n<\/tr>\n<tr>\n<td>HO<\/td>\n<td>Hold<\/td>\n<\/tr>\n<tr>\n<td>HOLD<\/td>\n<td>A compartment below deck in a large vessel, used solely for carrying cargo<\/td>\n<\/tr>\n<tr>\n<td>HULL<\/td>\n<td>The main body of a ship<\/td>\n<\/tr>\n<tr>\n<td>HW<\/td>\n<td>High Water<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>ICW<\/td>\n<td>Intercoastal Waterway : bays, rivers, and canals along the<br \/>\ncoasts (such as the Atlantic and Gulf of Mexico coasts),<br \/>\nconnected so that vessels may travel without going into the<br \/>\nsea<\/td>\n<\/tr>\n<tr>\n<td>IMDG<\/td>\n<td>International Maritime Dangerous Goods Code<\/td>\n<\/tr>\n<tr>\n<td>IMO<\/td>\n<td>International Maritime Organisation<\/td>\n<\/tr>\n<tr>\n<td>IN &amp;\/OR OVER<\/td>\n<td>Goods carried below and\/or on deck<\/td>\n<\/tr>\n<tr>\n<td>IND<\/td>\n<td>Indication<\/td>\n<\/tr>\n<tr>\n<td>INTERMODAL<\/td>\n<td>Carriage of a commodity by different modes of transport,<br \/>\ni.e. sea, road, rail and air within a single journey<\/td>\n<\/tr>\n<tr>\n<td>INCOTERMS<\/td>\n<td>(Refer to comments in covering statement on front page<br \/>\nA-F)<\/td>\n<\/tr>\n<tr>\n<td>ITF<\/td>\n<td>International Transport Workers Federation (Trade Unions).<br \/>\nComplies on crewing<\/td>\n<\/tr>\n<tr>\n<td>ITINERARY<\/td>\n<td>Route.Schedule<\/td>\n<\/tr>\n<tr>\n<td>IU<\/td>\n<td>If Used<\/td>\n<\/tr>\n<tr>\n<td>IUHTAUTC<\/td>\n<td>If Used, Half Time Actually To Count<\/td>\n<\/tr>\n<tr>\n<td>IWL<\/td>\n<td>Institute Warranty Limits<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>KEEL<\/td>\n<td>The centreline of a ship running fore and aft; the backbone<br \/>\nof a vessel<\/td>\n<\/tr>\n<tr>\n<td>KNOT<\/td>\n<td>A measurement of speed equal to one nautical mile (6,076<br \/>\nfeet) per hour<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td width=\"180\"><strong>ABBREVIATION<\/strong><\/td>\n<td><strong>MEANING<\/strong><\/td>\n<\/tr>\n<tr>\n<td>LANE METER<\/td>\n<td>A method of measuring the space capacity of Ro\/Ro ships whereby each unit of space (Linear Meter) is represented by an area of deck 1.0 meter in length x 2.0 meters in width.<\/td>\n<\/tr>\n<tr>\n<td>LASH<\/td>\n<td>To hold goods in position by use of Ropes, Wires, Chains or Straps etc.<\/td>\n<\/tr>\n<tr>\n<td>LAT<\/td>\n<td>Latitude. The distance north or south of the equator measured and expressed in degrees.<\/td>\n<\/tr>\n<tr>\n<td>LAYCAN<\/td>\n<td>Laycan (Layday Cancelling Date)<\/td>\n<\/tr>\n<tr>\n<td>LAYTIME<\/td>\n<td>Time at Charterers disposal for purpose of loading\/discharging<\/td>\n<\/tr>\n<tr>\n<td>L\/C<\/td>\n<td>Letter of Credit<\/td>\n<\/tr>\n<tr>\n<td>LCR<\/td>\n<td>Lowest Current Rate<\/td>\n<\/tr>\n<tr>\n<td>LEE<\/td>\n<td>The side sheltered from the wind<\/td>\n<\/tr>\n<tr>\n<td>LEEWARD<\/td>\n<td>The direction away from the wind. Opposite of windward<\/td>\n<\/tr>\n<tr>\n<td>LEEWAY<\/td>\n<td>The sideways movement of the ship caused by either wind or current<\/td>\n<\/tr>\n<tr>\n<td>LF<\/td>\n<td>Load Factor. Percentage of cargo or passengers carries e.g. 4,000 tons carried on a vessel of 10,000 capacity has a load factor of 40%<\/td>\n<\/tr>\n<tr>\n<td>LIEN<\/td>\n<td>Retention of property until outstanding debt is paid<\/td>\n<\/tr>\n<tr>\n<td>LNG<\/td>\n<td>Liquefied Natural Gas<\/td>\n<\/tr>\n<tr>\n<td>LOA<\/td>\n<td>Length Overall of the vessel<\/td>\n<\/tr>\n<tr>\n<td>LOAD LINE<\/td>\n<td>SEE PLIMSOLL LINE<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<tr>\n<td>LOF<\/td>\n<td>Lloyds Open Form<\/td>\n<\/tr>\n<tr>\n<td>LOG<\/td>\n<td>A record of courses or operation. Also, a device to measure speed<\/td>\n<\/tr>\n<tr>\n<td>LOI<\/td>\n<td>Letter of Indemnity<\/td>\n<\/tr>\n<tr>\n<td>LONGITUDE<\/td>\n<td>The distance in degrees east or west of the meridian at Greenwich, England<\/td>\n<\/tr>\n<tr>\n<td>LOW<\/td>\n<td>Last Open Water<\/td>\n<\/tr>\n<tr>\n<td>LS (or LUMPS)<\/td>\n<td>Lumpsum Freight. Money paid to Shipper for a charter of a ship (or portion) up to stated limit irrespective of quantity of cargo<\/td>\n<\/tr>\n<tr>\n<td>LSD<\/td>\n<td>Lashed Secured Dunnaged<\/td>\n<\/tr>\n<tr>\n<td>LT<sup>1<\/sup><\/td>\n<td>Liner Terms<\/td>\n<\/tr>\n<tr>\n<td>LT<sup>2<\/sup><\/td>\n<td>Long Ton = 1,016.05 kilogram (2,240 lbs)<\/td>\n<\/tr>\n<tr>\n<td>LTHH<\/td>\n<td>Liner Terms Hook\/Hook<\/td>\n<\/tr>\n<tr>\n<td>LW<\/td>\n<td>Low Water<\/td>\n<\/tr>\n<tr>\n<td>LYCN<\/td>\n<td>Laycan (Layday Cancelling Date)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>MANIFEST<\/td>\n<td>Inventory of cargo on board<\/td>\n<\/tr>\n<tr>\n<td>MB<\/td>\n<td>Merchant Broker<\/td>\n<\/tr>\n<tr>\n<td>MDO (DO)<\/td>\n<td>Marine Diesel Oil<\/td>\n<\/tr>\n<tr>\n<td>MIDSHIP<\/td>\n<td>Approximately in the location equally distant from the bow<br \/>\nand stern<\/td>\n<\/tr>\n<tr>\n<td>MIN\/MAX<\/td>\n<td>Minimum\/Maximum (cargo quantity)<\/td>\n<\/tr>\n<tr>\n<td>MOA<\/td>\n<td>Memorandum of Agreement<\/td>\n<\/tr>\n<tr>\n<td>MOLCHOPT<\/td>\n<td>More or Less Charterers Option<\/td>\n<\/tr>\n<tr>\n<td>MOLOO<\/td>\n<td>More or Less Owners Option<\/td>\n<\/tr>\n<tr>\n<td>MOORING<\/td>\n<td>An arrangement for securing a ship to a mooring buoy or<br \/>\npier<\/td>\n<\/tr>\n<tr>\n<td>MT<\/td>\n<td>Mertic Tonne (i.e. 1,000 kilos)<\/td>\n<\/tr>\n<tr>\n<td>M\/V<\/td>\n<td>Motor Vessel \/ Merchant Vessel<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>NAABSA<\/td>\n<td>Not Always Afloat But Safely Aground<\/td>\n<\/tr>\n<tr>\n<td>NM<\/td>\n<td>Nautical Mile. One minute of latitude; approximately 6,076<br \/>\nfeet &#8211; about 1\/8 longer than the statute mile of 5,280<br \/>\nfeet<\/td>\n<\/tr>\n<tr>\n<td>NAVIGATION<\/td>\n<td>The art and science of conducting a ship safely from one<br \/>\npoint to another<\/td>\n<\/tr>\n<tr>\n<td>NCB<\/td>\n<td>National Cargo Bureau<\/td>\n<\/tr>\n<tr>\n<td>NESTING<\/td>\n<td>Implies that cargo is presented stacked in the contour of<br \/>\nsimilarly shaped cargo, it may be likened to a stack of plates.<br \/>\nThis is particularly relevant in the presentation of tankage<br \/>\nstrakes for transport<\/td>\n<\/tr>\n<tr>\n<td>NON-REVERSIBLE<\/td>\n<td>(Detention). If loading completed sooner than expected,<br \/>\nthen saved days will not be added to discharge time<br \/>\nallowed.<\/td>\n<\/tr>\n<tr>\n<td>NOR<\/td>\n<td>Notice of Readiness<\/td>\n<\/tr>\n<tr>\n<td>NRT<\/td>\n<td>Net Registered Tonnage<\/td>\n<\/tr>\n<tr>\n<td>NYPE<\/td>\n<td>New York Produce Exchange<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>OO<\/td>\n<td>Owners Option<\/td>\n<\/tr>\n<tr>\n<td>OBO<\/td>\n<td>Ore\/Bulk\/Oil Vessel<\/td>\n<\/tr>\n<tr>\n<td>OSH<\/td>\n<td>Open Shelter Deck<\/td>\n<\/tr>\n<tr>\n<td>OVERBOARD<\/td>\n<td>Over the side or out of the ship<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>OWS<\/td>\n<td>Owners<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>P&amp;I<\/td>\n<td>Protection and Indemnity Insurance<\/td>\n<\/tr>\n<tr>\n<td>PASTUS<\/td>\n<td>Past Us<\/td>\n<\/tr>\n<tr>\n<td>PC<\/td>\n<td>Period of Charter<\/td>\n<\/tr>\n<tr>\n<td>PCGO<\/td>\n<td>Part Cargo<\/td>\n<\/tr>\n<tr>\n<td>PCT<\/td>\n<td>Percent<\/td>\n<\/tr>\n<tr>\n<td>PDPR<\/td>\n<td>Per Day Pro Rata<\/td>\n<\/tr>\n<tr>\n<td>PERDIEM<\/td>\n<td>By the Day<\/td>\n<\/tr>\n<tr>\n<td>PER SE<\/td>\n<td>By Itself<\/td>\n<\/tr>\n<tr>\n<td>PHPD<\/td>\n<td>Per Hatch Per Day<\/td>\n<\/tr>\n<tr>\n<td>PLIMSOLL MARK<br \/>\nalt.<br \/>\nPLIMSOLL LINE<br \/>\nalt.<br \/>\nLOAD LINE<\/td>\n<td>An internationally recognised line painted on the side of<br \/>\nmerchant ships. When a ship is loaded, the water level must not<br \/>\ngo above the line. Water can reach different parts of the line<br \/>\nas its temperature and saltiness varies with the season and<br \/>\nlocation.<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>PORT<\/td>\n<td>The left side of a ship looking forward. A harbour.<\/td>\n<\/tr>\n<tr>\n<td>PRATIQUE<\/td>\n<td>Licence or permission to use a port<\/td>\n<\/tr>\n<tr>\n<td>PREAMBLE<\/td>\n<td>Introduction to a charter party<\/td>\n<\/tr>\n<tr>\n<td>PROFORMA<\/td>\n<td>Estimated Account<\/td>\n<\/tr>\n<tr>\n<td>PUS<\/td>\n<td>Plus Us<\/td>\n<\/tr>\n<tr>\n<td>PWWD<\/td>\n<td>Per Weather Working Day<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<tr>\n<td>RCVR<\/td>\n<td>Receiver<\/td>\n<\/tr>\n<tr>\n<td>RECAP<\/td>\n<td>Recapitulation of the terms and conditions agreed<\/td>\n<\/tr>\n<tr>\n<td>REVERSIBLE<\/td>\n<td>(Detention). If loading completed sooner than expected at<br \/>\nload port, then days saved can be added to discharge<br \/>\noperations.<\/td>\n<\/tr>\n<tr>\n<td>ROB<\/td>\n<td>Remaining On Board<\/td>\n<\/tr>\n<tr>\n<td>RT<\/td>\n<td>Revenue Tonne (i.e. 1.0 metric tonne or 1.0 cubic meter,<br \/>\nwhichever greater). The overall RT is calculated on a line by<br \/>\nline basis of the Packing List using the largest amount. The<br \/>\noverall freight liability is calculated on the total RT amount,<br \/>\nmultiplied by the freight rate.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>SATPM<\/td>\n<td>Saturday P.M.<\/td>\n<\/tr>\n<tr>\n<td>SB<\/td>\n<td>Safe Berth<\/td>\n<\/tr>\n<tr>\n<td>SD (or SID)<\/td>\n<td>Single Decker<\/td>\n<\/tr>\n<tr>\n<td>SEAFREIGHT<\/td>\n<td>Costs charged for transporting goods over the sea. This<br \/>\ndoes not cover haulage or loading\/discharging costs but the sea<br \/>\ntransport only<\/td>\n<\/tr>\n<tr>\n<td>SEAWORTHINESS<\/td>\n<td>Statement of condition of the vessel (valid certificates,<br \/>\nfully equipped and manned etc.)<\/td>\n<\/tr>\n<tr>\n<td>SELFD<\/td>\n<td>Self Discharging<\/td>\n<\/tr>\n<tr>\n<td>SEMI-TRAILERS<\/td>\n<td>Are usually 12.0 meter flat bed road trailers<\/td>\n<\/tr>\n<tr>\n<td>SF<\/td>\n<td>Stowage Factor. Cubic space (measurement tonne) occupied by<br \/>\none tonne (2,240 lbs\/1,000 kgs) of cargo<\/td>\n<\/tr>\n<tr>\n<td>SHINC<\/td>\n<td>Sundays\/Holidays Included<\/td>\n<\/tr>\n<tr>\n<td>SHEX<\/td>\n<td>Sundays\/Holidays Excluded<\/td>\n<\/tr>\n<tr>\n<td>SKIDS<\/td>\n<td>Are bearers (timber or steel) positioned under the cargo to<br \/>\nenable forklift handling at port, and for ease of rigging and<br \/>\nlashing on board ship.<\/td>\n<\/tr>\n<tr>\n<td>SN<\/td>\n<td>Satellite Navigation &#8211; A form of position finding using<br \/>\nradio transmissions from satellites with sophisticated on-board<br \/>\nautomatic equipment<\/td>\n<\/tr>\n<tr>\n<td>SOC<\/td>\n<td>Shipper Owned Container<\/td>\n<\/tr>\n<tr>\n<td>SOF<\/td>\n<td>Statement of Facts<\/td>\n<\/tr>\n<tr>\n<td>SP<\/td>\n<td>Safe Port<\/td>\n<\/tr>\n<tr>\n<td>SPIDERING<\/td>\n<td>Is the strengthening of circular tanks for transport, this<br \/>\nprevents the tanks from becoming warped. The tanks are<br \/>\nstrengthened with steel or wood crossbeams giving a &#8220;spider&#8221;<br \/>\nappearance<\/td>\n<\/tr>\n<tr>\n<td>SRBL<\/td>\n<td>Signing and Releasing Bill of Lading<\/td>\n<\/tr>\n<tr>\n<td>SSHEX<\/td>\n<td>Saturdays, Sundays, Holidays Excluded<\/td>\n<\/tr>\n<tr>\n<td>SSHINC (or SATSHINC)<\/td>\n<td>Saturdays, Sundays, Holidays Included<\/td>\n<\/tr>\n<tr>\n<td>STABILITY<\/td>\n<td>It is paramount that a vessel is stable in all aspects at<br \/>\nall times. When cargo is loaded\/discharged, the stability is<br \/>\nmonitored by a computer, which takes into account the weight<br \/>\nand position of cargo within the vessel.<\/td>\n<\/tr>\n<tr>\n<td>STARBOARD<\/td>\n<td>Right side of a ship when facing the front or forward<br \/>\nend.<\/td>\n<\/tr>\n<tr>\n<td>STEM<\/td>\n<td>Subject to Enough Merchandise (Availability of cargo).<br \/>\nAlso, the forward most part of the bow.<\/td>\n<\/tr>\n<tr>\n<td>STERN<\/td>\n<td>The aformost or after part of a ship<\/td>\n<\/tr>\n<tr>\n<td>SUB<\/td>\n<td>Subject (to). Depending upon as a condition<\/td>\n<\/tr>\n<tr>\n<td>SUPERCARGO<\/td>\n<td>Person employed by a ship owner, shipping company,<br \/>\ncharterer of a ship or shipper of goods to supervise cargo<br \/>\nhandling operations. Often called a port captain.<\/td>\n<\/tr>\n<tr>\n<td>SWAD<\/td>\n<td>Salt Water Arrival Draft<\/td>\n<\/tr>\n<tr>\n<td>SWDD<\/td>\n<td>Salt Water Departure Draft<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>THWARTSHIPS<\/td>\n<td>At right angles to the centreline of the ship<\/td>\n<\/tr>\n<tr>\n<td>TIDE<\/td>\n<td>The periodic rise and fall of water level in the<br \/>\noceans<\/td>\n<\/tr>\n<tr>\n<td>TIME BAR<\/td>\n<td>Time after which legal claims will not be entered<\/td>\n<\/tr>\n<tr>\n<td>TBN<\/td>\n<td>To Be Named \/ To Be Nominated<\/td>\n<\/tr>\n<tr>\n<td>TC<\/td>\n<td>Time Charter &#8211; Owners agree to hire a particular ship for a<br \/>\nset length of time and provide technical management, crewing<br \/>\netc.<\/td>\n<\/tr>\n<tr>\n<td>TCP<\/td>\n<td>Time Charter Party<\/td>\n<\/tr>\n<tr>\n<td>TEU<\/td>\n<td>Standard 20&#8242; Container<\/td>\n<\/tr>\n<tr>\n<td>TOPSIDES<\/td>\n<td>The sides of a ship between the waterline and the deck;<br \/>\nsometimes referring to onto or above the deck<\/td>\n<\/tr>\n<tr>\n<td>TRIM<\/td>\n<td>Fore and aft balance of a ship<\/td>\n<\/tr>\n<tr>\n<td>TTL<\/td>\n<td>Total<\/td>\n<\/tr>\n<tr>\n<td>TW<\/td>\n<td>Tween Decker<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>USC<\/td>\n<td>Unless Sooner Commenced<\/td>\n<\/tr>\n<tr>\n<td>UU<\/td>\n<td>Unless Used<\/td>\n<\/tr>\n<tr>\n<td>UUIWCTAUTC<\/td>\n<td>Unless Used In Which Case Time Actually Used To Count<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>VPD<\/td>\n<td>Vessel Pays Dues<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><div class=\"tabPane\">\r\n\t\t\t<div class=\"tabAccordionContent\"><table style=\"margin-bottom: 10px;\" border=\"0\" width=\"100%\" cellspacing=\"15\" cellpadding=\"10\">\n<tbody>\n<tr align=\"left\" valign=\"top\">\n<td style=\"font-weight: bold;\" width=\"180\">ABBREVIATION<\/td>\n<td style=\"font-weight: bold;\">MEANING<\/td>\n<\/tr>\n<tr>\n<td>WATERLINE<\/td>\n<td>A line painted on a hull which shows the point to which a<br \/>\nship sinks when it is properly trimmed<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WAY<\/td>\n<td>Movement of a ship through water such as headway, sternway<br \/>\nor leeway<\/td>\n<\/tr>\n<tr>\n<td>WCCON<\/td>\n<td>Whether Customs Cleared Or Not<\/td>\n<\/tr>\n<tr>\n<td>WIBON<\/td>\n<td>Whether In Berth Or Not<\/td>\n<\/tr>\n<tr>\n<td>WIFPON<\/td>\n<td>Whether In Free Pratique Or Not<\/td>\n<\/tr>\n<tr>\n<td>WINDWARD<\/td>\n<td>Toward the direction from which the wind is coming<\/td>\n<\/tr>\n<tr>\n<td>WIPON<\/td>\n<td>Whether In Port Or Not<\/td>\n<\/tr>\n<tr>\n<td>WLTOHC<\/td>\n<td>Water Line-To-Hatch Coaming<\/td>\n<\/tr>\n<tr>\n<td>WOG<\/td>\n<td>Without Guarantee<\/td>\n<\/tr>\n<tr>\n<td>WP<\/td>\n<td>Weather Permitting. That time during which weather prevents<br \/>\nworking shall not count as laytime<\/td>\n<\/tr>\n<tr>\n<td>WPD<\/td>\n<td>Weather Permitting Day<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>WWD<\/td>\n<td>Weather Working Day<\/td>\n<\/tr>\n<tr>\n<td>WRIC<\/td>\n<td>Wire Rods In Collis<\/td>\n<\/tr>\n<tr>\n<td>WWR<\/td>\n<td>When, Where Ready<\/td>\n<\/tr>\n<tr>\n<td>WWWW<\/td>\n<td>Wibon, Wccon, Wifpon, Wipon<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>YAR<\/td>\n<td>York Antwerp Rules<\/td>\n<\/tr>\n<tr>\n<td>YAW<\/td>\n<td>To swing or steer off course, as when running with a<br \/>\nquartering sea<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" src=\"..\/pix\/blind.gif\" alt=\"\" width=\"1\" height=\"30\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>Z<\/td>\n<td>UTC = GMT<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\r\n\t\t<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3032","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/pages\/3032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3032"}],"version-history":[{"count":31,"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/pages\/3032\/revisions"}],"predecessor-version":[{"id":3064,"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=\/wp\/v2\/pages\/3032\/revisions\/3064"}],"wp:attachment":[{"href":"https:\/\/www.sinoflex.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}