Any Time Day or Night Sundays and Holidays Included
Actual Times Used to Count
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.
Heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo.
Bareboat Charter - Owners lease a specific ship and control its technical management and commercial operations only.
Before Breaking Bulk
Both Dates Inclusive
Both Ends (Load & Discharge Ports)
Both Inclusive
The Baltic and International Maritime Council
Bale
(Bill of Lading) A document signed by the carrier which acts as a receipt and evidence of title to the cargo.
Beam
The maximum breadth of a ship
Bunker on Board
Best Offer
Bunkers Remaining on Board
Basis
Basis 1 Port to 1 Port
Berth Terms
This is the assembly of pieces of cargo, secured into one manageable unit. This is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large (20 tone) fork lift truck.
Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)
Brackish Water Arrival Draft
Cubic Meter
Cubic Feet
Cost and Freight
Charterers Option
Charterers
Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.
Contract of Affreightment - Owners agree to accept a cost per revenue ton for cargo carried on a specificnumber of voyages.
Contract of Affreightment Charter Party
Close of Business
Cash On Delivery
Carriage of Goods by Sea Act
Consumption
Custom Of Port
Charter Party
Charterers Pay Dues
Carriage Paid To
Customary Quick Despatch
Cargo Remaining on Board
Crane
Centistoke
Container Fitted
Days all Purposes (Total days for loading & discharging)
Delivered Duty unpaid.
Delivered Duty Paid.
Demurrage
Despatch
Detention
Despatch Half Demurrage on Actual Time Saved Both Ends
Despatch Half Demurrage on Working Time Saved Both Ends
Discharge
Deck
Dropping Last Outwards Sea Pilot (Norway)
Diesel Oil
Dropping Off Last Sea Pilot (Norway)
Dropping Outward Pilot
Department of Transport
Discountless and Non-Returnable Ship and/or Cargo
Lost or Not Lost
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.
Derrick
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 forks of a lift truck may be inserted.
Deadweight. Weight of cargo, stores and water, i.e. the difference between lightship and loaded displacement.
East Coast
Even if Used
Electric Ventilation
Estimated Time of Arrival
Estimated Time of Completion
Estimated Time of Departure
Estimated Time of Sailing
Ex Works
Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading.
Free of Despatch
Freight Demurrage Deadfreight
Free Discharge
Forty foot container equivalency unit - Standard 40' Container
Fridays/Holidays Excluded
Fridays/Holidays Included
Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.
Free In/Out. Freight booked FIO includes the seafreight,but no loading/discharging costs, i.e. the charterer pays for cost of loading and discharging cargo.
Free In/Out Stowed. As per FIO, but includes stowage costs.
Free In/Out and Trimmed. As per FIOS but includes trimming - the leveling of bulk cargoes
Free In/Out Stowed, Lashed, Secured and Dunnaged. As per FIO,but includes cost of
lashing securing and dunnaging cargo to Masters satisfaction.
Free In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage and trimming.
Free In Trimmed
Free In Wagon
Chartering a Vessel
Full Liner Terms - Shipowner pays to load and discharge the cargo
Federal Maritime Commission - US government agency
Fathoms - 6 feet
FuelOil/Intermediate FO
Free on Board. Seller sees the goods "over the ship's rail" on to the ship which is arranged and paid for by the buyer
Firm Offer
For Our Guidance
Free On Quay
Free On Rail
Clause limiting responsibilities of the charterers, shippers and receivers due to events beyond their control.
Free On Truck
First Open Water
Free On Wharf
Free of discharge costs to Owners
Fresh Water Arrival Draft
Fresh Water Departure Draft
For Your Guidance
For Your Information
General Average
Gearless
Gencon - a standard BIMCO charter party form
Grain (capacity)
Gas Oil
Geared
Gross Registered Tonnage
Good Safe Berth
Good Safe Port
Guarantee
Second Half
Hatch
Half Despatch Working Time Saved
Heavy Metal Scrap
Hold
High Water
International Maritime Dangerous Goods Code
International Maritime Organisation
Indication
Carriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a single journey.
International Transport Federation - international body that regulates crewing of ships
If Used
If Used, Actual Time Used To Count
If Used, Half Actual Time Used To Count
Institute Warranty Limits
A method of measuring the space capacity of Ro/Ro ships whereby each unit of space (Linear Meter) is represented width.
To hold goods in position by use of Ropes, Wires, Chains or Straps etc.
Lighter Aboard Ship - a vessel that loads small barges direct from the water
Latitude
Length Overall of the vessel
Last Open Water
Lumpsum
Lashed Secured Dunnaged
Liner Terms
Low Water
Laycan (Layday Cancelling Date)
Merchant Broker
Marine Diesel Oil
Minimum/Maximum (cargo quantity)
More or Less Charterers Option
More or Less Owners Option
Metric Tonne (i.e. 1,000 kilos / 2204.6lbs)
Motor Vessel
Not Always Afloat But Safely Aground
National Cargo Bureau
Implies that cargo is presented stacked in the contour of similarly shaped cargo, it may be likened to a stack of plates.
then saved days will not be added to discharge time
(Detention). If loading completed sooner than expected, allowed.
Notice of Readiness
Net Registered Tonnage
New York Produce Exchange
Owners Option
Open Shelter Deck
Owners
Past Us
Period of Charter
Part Cargo
Percent
Per Day Pro Rata
Per Diem - By the Day
Per Hatch Per Day
License or permission to use a port
Receivers
If loading completed sooner than expected at load port, then days saved can be added to discharge operations.
Remaining On Board
Revenue Tonne (i.e. 1.0 metric Tonne or 1.0 cubic meter,whichever greater). The overall RT is calculated on a line by line basis of the Packing List using the largest amount. The overall freight liability is calculated on the total RT amount, multiplied by the freight rate.
Saturday P.M.
Safe Berth
Single Decker
Costs charged for transporting goods over the sea. This does not cover any haulage or loading/discharging costs but the sea transport only.
Self Discharging
Stowage factor. Cubic space occupied by one ton (2,240 lbs/1,000 kgs) of cargo.
Sundays/Holidays Included
Sundays/Holidays Excluded
Are bearers (timber or steel) positioned under cargo to enable fork lift handling at port, and for ease of rigging and lashing on board ship.
Bale (capacity)
Shipper Owned Container
Statement Of Facts
Safe Port
Signing and Releasing Bill of Lading
Saturdays, Sundays, Holidays Excluded
Saturdays, Sundays, Holidays Included
It is paramount that a vessel is stable in all respects at all times. When cargo is loaded/discharged, the stability is monitored by a computer, which takes into vessel.
Right side of a ship when facing the bow
Subject To Enough Merchandise (Availability of Cargo)
The aft part of a ship
Subject (to)
Person employed by a ship owner, shipping company, charterer of a ship or shipper of goods to supervise cargo handling operations. Often called a port captain.
Salt Water Arrival Draft
Salt Water Departure Draft
Time Charter - Owners agree to hire a particular ship for a set length of time
Twenty Foot Equivalency Unit - Standard 20' Container
