MARETEC
SHIPBROKERS
Glossary
The following abbreviations compile an extensive glossary that covers commonly used terms in the shipping industry. This includes terminology related to ship sale and purchase, shipbroking, chartering and to the general shipping and maritime industry.
AA - Always Afloat
AAAA - Always Accessible Always Afloat
AAOSA - Always Afloat or Safe Aground
AARA - Amsterdam Antwerp R'dam Area
AB - Able bodied seaman
ABT - About
A/C - Account
ACC - Acceptance
ACCNT - Account
ADDTL - Additional
ADV - Advise
AD VALOREM - At Value
A/E - Accept/Except
A.F. - Advanced freight
AFMT - After fixing main terms
AFSPS - Arrival First Sea Pilot Station
AFFREIGHTMENT - Hiring a ship or part
AGW - All Going Well
A/H - Antwerp — Hamburg Range
AHT - Anchor Handling Tug
AHTS - Anchor Handling Tug Supply
A/M - Above Mentioned
AN - Ammonium Nitrate
A/N - Arrival Notice
ANCH - Anchorage
ANTHAM - Antwerp-Hamburg Range
ANF - Arrival Notification Form
A/O - And/or
APPR - Approval
APS - Arrival Pilot Station
ARA - Antwerp Rotterdam Amsterdam Range
ARAG - Amsterdam Rotterdam Antwerp Gent Range
ARND - Around
ARRL - Arrival
A/S - After Sight
ASAP - As Soon As Possible
ASBA - American Shipbrokers Association
ASF - As following
ASPW - Any Safe Port in the World
ATA - Actual Time Of Arrival
ATD - Actual Time Of Departure
ATDNSHINC - Any Time Day/Night Saturdays and Holidays Incl.
ATUTC - Actual Time Used To Count
A/V - According to Value (Ad Valorem)
AVG - Average
AWB - Air Waybill
AWIWL - Always Within Institute Warranty Limits
BAF - Bunker Adjustment Factor
BB - Bareboat Boat or Ballast Bonus
BBB - Before Breaking Bulk
BBHP - Bareboat Hire Purchase
BBL - Barrel
B/C - Bulk Cargo
BDAYS - Banking Days
BDS - BDAYS
BDEAUX - Bordeaux
BDI - Both Dates Inclusive
BE - BENDS
BENDS - Both Ends (Loads & Discharge Ports)
BGD - Bagged
BHP - Break Hores Power
BI - Both Inclusive
BIMCO - The Baltic and International Maritime Council
BL - Bale
B/L - Bill of Lading
BLSEA - Baltic sea
BLT - Built
BM - Beam
B.O. - Buyer's Option
BOB - Bunker On Board
BOFFER - Best Offer
BOS - Bill of Sale
BOX - Boxed cargo hold
BP - Between Perpendiculars
BRDGS - Best Regards
BROB - Bunkers Remaining On Board
BSHAPED - Boxshaped
BSS - Basis
BSS 1/1 - Basis 1 Port to 1 Port
BT - Berth Terms
BV - Bureau Veritas
BXS - Boxes
BWAD - Brackish Water Arrival Draft
C.A.D. - Cash Against Documents
CANC - Cancelling
CABAF - Currency and Bunkers Adjustment Factor
C&D - Collect and Delivery
C&E - Customs and Excise
C&F (CFR) - Cost and Freight
CAF - Currency Adjustment Factor
C/B - Container Base
CBM - Cubic Meter
CBFT (CFT) - Cubic Feet
CC - Cargo Capacity
CGO - Cargo
CHABE - Charter's Agents Both Ends
CHOPT - Charter's Option
CHR - charterer
CHRTS - Charterers
CIF - Cost, Insurance & Freight
CIP - Carriage and Insurance Paid
CLSSD - Classified
CNFM - Confirm
CNEE - Consignee
CO - Certificate of Origin
COA - Contract of Affreightment
COACP - Contract Of Affreightment Charter Party
COB - Closing of Business
COBLDN - Closing of Business London
COD - Cash On Delivery
COE - Current Certificate of Ownership
COFR - Certificate of Financial
COGSA - Carriage Of Goods by Sea Act
COMM - Commission
CONS - Consumption
CONSEC - consecutive
CONSG Consignment
COP - Custom Of the Port
CP (C/P) - Charter Party
CPD - Charter Pays Dues
CQD - Customary Quick Dispatch
CY - Container Yard
CPT - Carriage Paid To
CQD - Customary Quick Despatch
CR - Current Rate or Crane
CROB - Cargo Remaining On Board
CRN - Crane
CRT - Cargo Retention Clauses
CST - Centistoke
CTR - Container Fitted
CUFT - Cubic Feet
CY - Cylinders
CVRD - Covered
D/A - Documents Against Acceptance
DA - Disbursment Account
DAF - Deliver at Frontier
DAPS - Days All Purposes (Total days for loading & discharging)
DDU - Delivered Duty Unpaid
DDP - Delivered Duty Paid
DEM - Demurrage
DESCR - Description
DESP - Despatch
DET - Detention
DES - Delivered Ex Ship
DETS - Details
DEQ - Delivered Ex Quay
DFRT - Deadfreight
DGN - Dangerous Goods Note
DHDATSBE - Despatch Half Demurrage on All Time Sac Both Ends
DHDWTSBE - Despatch Half Demurrage on Working Time Saved Both Ends
DIA - Diameter
DIMS - Dimensions
DLOSP - Dropping Last Outwards Sea Pilot
DIR - Direction
DISCH - Discharge
DISPORT - Discharging Port
DK - Deck
DLOSP - Dropping Last Outwards Sea Pilot
DO - Diesel Oil
DOLSP - Dropping Off Last Sea Pilot
DOP - Dropping Outward Pilot
DOT - Department Of Transport
DNRCAOSLONL - Discountless and Non-Returnable Cargo and/or Ship Lost or Not Lost
D/P - Documents Against Payments
DP (or DYNPSOS) - Dynamic Positioning
DPT - Depth
DRAFT - Dept to which a ship i immersed in water
DRK - Derrick
DV - Dry Van (container)
DWAT (or DWT) - Deadweight
DWCC - Deadweight Cargo Capacity
DYS - Days
EC - East Cost
ECUK - East Cost of UK
EIU - Even If Used
ELVENT - Electric Ventilation
EST - Estimated
ETA - Estimated Time of Arrival
ETC - Estimated Time of Completion
ETD - Estimated Time of Departure
ETR - Estimated Time of Readiness
ETS - Estimated Time of Sailing
EXCL - Exclusive
EXINS - Extra Insurance
EXW - Ex Works
FAS - Free Alongside Ship
FAS - Faroese International Ship Registry
FCA - Free to Carrier
FCC - First Class Charterers or Fu
FCC - Full Carrying Capacity
FCL - Full Container Load
FD (or FDESP) - Free Despatch
FDD - Freight Demurrage Deadfreight
FDIS - Free Discharge
FEAST - Far East
FERTS - Fertilizers
FEU - Standard 40' Container
FFA - Forward Freight Agreement
FFI - For Further Instructions
FHEX - Fridays/Holidays Excluded
FHINC - Fridays/Holidays Included
FIFI - Fire Fighting
FILO - Free In/Liner Out
FIO - Free In/Out
FIOS - Free In/Out Stowed
FIOST - Free In/Out and Trimmed
FIOT - Free In/Out and Trimmed
FIT - Free In Trimmed
FIW - Free In Wagon
FIXING - Chartering A Vessel
FIXTURE - Conclusion of Shipbrokers Negotiations to Charter a Ship
FLT - Full Liner Terms
FMC - Federal Maritime Commission
FMS - Fathoms
FO (IFO) - Fuel Oil/Intermediate FO
FO - For Orders
FOB - Free On Board
FOFFER - Firm Offer
FOG - For Our Guidance
FOQ - Free On Quay
FOR - Free On Rail
FOSVA - Forward Ship Value Agreement
FOT - Free On Truck
FOW - First Open Water
FOW - Free On Wharf
FP - Free Pratique
FRT - Freight
FR.WA. - Fresh water
FREE OUT - Free of discharge costs to Owners. Incl. seafreight only.
FWAD - Fresh Water Arrival Draft
FWDD - Fresh Water Departure Draft
FYG - For Your Guidance
FYI - For Your Information
G - Grain cargo capacity
GA - Ganeral Arrangment
GA - General Average
GATT - General Arrangement of Tariffs and Trade
G/B - Grain capacity/Bale capacity
GENCON (or GNCN) - General Conditions
GLESS (or GRLESS, GLS) - Gearless (no crane)
GMDSS - Global Maritime Distress Safety System
GMT - Greenwich Mean Time
GN - Grain (capacity)
GNCN - Gencon / a standard BIMCO charter party form
GO - Gas Oil
GR - Grain
GR - Geographical Rotation
GRD - Geared (has crane)
GRT - Gross Registered Tonnage
GT - Gross Tonnage
GSB - Good Safe Berth
GSP - Good Safe Port
GSPB - Good Safe Port Berth
GTEE - Guarantee
H&M - Hull & Machinery
2H - Second Half
HA - Hatch
HBF - Harmless Bulk Fertilizer
HCMC - Ho Chi Minh City
HDLTSBENDS - Half Despatch Time Saved Both Ends
HDWTS - Half Despatch Working Time Saved
HELDK - Helicopter Deck
H/L (or HLV) - Heavy Lift
HHDW - Heandy Heavy D.W. (Scrap)
HIRE - T/C Remuniration
HLSS - Harmless
HMBG - Hamburg
HMS - Heavy Metal Scraps
HO - Hold
HOMOG - Homogeneous
HR - Hour
HRS - Hours
HSC - High Speed Craft
HS Code - Harmonized System Codes
HVFL - Heavy Fuel
HQ - High Cube (container)
HW - High Water
ICW - Intercoastal Waterway
ILOHC - In Lieu of Holds Cleaning
IMDG - International Maritime Dangerous Goods Code
IMFPA - Irrevocable Master Fee Protection Agreement
IMMLY - Immediately
IMO - International Maritime Organization
INCLOT - Including Overtime
IND - Indication
IMDG - International Maritime Dangerous Code
ISM - International Safety Management Code
ISO - International Standards Organisation
ISPS - International Ship and Port Facility Security Code
ITF - International Transport Workers Federation
IU - If Used
IUATUTC - If Used, Actual Time Used To Count
IUHTAUTC - If Used, Half Time Actually Used To Count
IWL - Institute Warranty Limits
J/A - Joint Account
JV - Joint Venture
KG - Kommanditgesellschaft (German Limited Partnership)
KN (or knt or Knts or kts) - Knots
KTM - Keel to top mast
KOS - Kilogrammes
KW - Kilowatts
LAT - Latitude
LAYCAN - Laydays/Cancelling Date
L/C - Letter of Credit
LCL - Less than Container Load
LCR - Lowest Currency Rate
LF - Load Factor
L/I - Letter of Indemnity
LAT - Latitude
LAYCAN - Layday Cancelling Date
L/C - Letter of Credit
LCL - Less than Container Load
LCR - Lowest Currency Rate
LF - Load Factor
L/I - Letter of Indemnity
LILO - Liner In Liner Out
LIFO - Liner In Free Out
LM - Lane Meter
LMAA - London Maritime Arbitration Association
LNG - Liquefied Natural Gas
LPG - Liquefied Petroleum Gas
LPORT - Load Port
LOA - Length Overall of the vessel
LOF - Lloyds Open Form
LOI - Letter of intent
LOI - Letter of Indemnity (also used)
LO/LO - Load-on, Load-off / Lift-on, Lift-off
LOW - Last Open Water
LPP (or LBP) - Length between Perpendiculars
LS (or LUMPS) - Lumpsum
LSD - Lashed Secured Dunnaged
LT - Liner Terms
LT - Long Ton
LTHH - Liner Terms Hook/Hook
LW - Low Water
LYCN (LAYCAN) - Layday Concelling Date
MB - Merchant Broker
MDO(DO) - Marine Diesel Oil
MDWT - Metric Deadweight tons
ME - Main Engine
MGO - Marine gas oil
MIN/MAX - Minimum/Maximum (Cargo Quantity)
MINS - Minerals
MOA - Memorandum of Agreement
MOB - Mobilization
MOLCHOPT - More Or Less Charterers Option
MOLOO - More Or Less Owners Option
MOS - Months
MOT - Monthly Over Time
MPP - Multi Purpose ship
MR - Medium Range
MT (or MTONS) - Metric Tonne
M/V (or MV) - Motor Vessel
NAABSA - Not Always Afloat But Safety Aground
N/A - Not Applicable
NCB - National Cargo Bureau
NCS - Norwegian Continental Shelf
NCND - Non-disclosure non-circumvention agreement
NE - Not Exceeding
N.E. - Not East of
NEGOS - Negotiations
NM - Nautical Mile
NOR - Notice Of Readiness
N.S. - Not South of
NSA - Norwegian Shipowners' Association
NSF - Norwegian Saleform
NRT - Net Registered Tonnage
NT - Net Tonnage
NT YT, TT - Not Yet, That
N.W. - Not West of
NYPE - The New York Produce Exchange charterparty
OA - Overall
OBO - Ore / Bulk / Oil Carrier
OABE - Owners Agents Both Ends
OAGED - over aged
OO - Owners Option
OOG - Out of Gauge
OSB - One Safe Berth
OSH - Open Shelter Deck
OSP - One Safe Port
OSV - Offshore Suppport Vessel or Oil Storage Vessel
O/H - Overheight
O/W - Overwidth
OWS - Owners
PANDI (or P&I) -Protection and Indemnity
PASTUS - Past Us
PC - Period of Charter
PCGO - Part Cargo
PCT - Per cent
PD - Per day
PDA, PDoA - Protocol of Delivery and Acceptance
PDPR - Per Day Pro Rata
PE - Purchase Enquiry
PERDIEM - By the Day / Per Diem
PG - Persian Gulf
PHPD - Per Hatch Per Day
P/L - Package List
PMO - Passing Muscat Outbound
PMS - Premium Motor Spirit
PMT - Payment
POC - Port of Call
POD - Paid on Delivery
PODA - Proticol of Deliver and Acceptance
POB - Pilot on Board
PHPD - Per Hatch Per Day
POSN - Position
PPS - Platform supply vessel
PPT - Prompt
PRATIQUE - License or permission to use a port
PREF - Preferable
PRT - Port
PSC - Port Sate Control
PTO - Power Take Off unit
PWH - Per Workable Hatch
PWWD - Per Weather Working Day
QLTY - Quality
QN - Quotation
QRS - Quarters
QTR - Quarter
QTY - quantity
QRC - Quick Release Coupling (LNG Carriers)
RECAP - Recapituation of the terms and conditions agreed upon
RCVR - Receivers
RDGS - Regards
REBLT - Rebuilt
RECD - Received
REDEL - Redelivery
Reefer - A refrigerated vessel or container
REG (or REGD) - Registered
ROB - Remaining On Board
RO-Ro - Roll on Roll Off Ship
ROT - Rotation
RPM - Revolutions per minute
RQRD - Required
RT - Revenue Tonne
RVTG - reverting
S.THR - Side Thruster
SA - Safe Anchorage
SALEFORM - Memorandum of Agreement
SANDP - Sale and Purchase
SATNOON - Saturday Noon
SATPM - Saturday P.M.
S&P - Sale & Purchase
SB - Safe Berth
SBM - Soya Bean Meal
SBT - Segregated Ballast Tanks
SD (or SID) - Single Decker (Singledecker)
SELFD - Self Discharging
SEMI-TRAILERS - 12 m flatbed road trailers
SF - Stowage Factor
SATSHEX - Saturdays, Sundays and Holidays Excepted
SATSHINC - Saturday, Sundays and Holidays Included
SHINC - Sundays/Holidays Included
SHEX - Sundays/Holidays excluded
SHPMNT (SHIPT) - Shipment
SHPG - Shipping
SID - Single decker (singledecker)
SLPTA - Slop Tanks
SN - Satelite Navigation
SNP - Sale and purchae
SOB - Shipped on board
SOC - Shipper Owned Container
SOF - Statement Of Facts
SP - Safe Port
SPORE - Singapore
S/R - Signing/Releasing
SRBL - Signing and Releasing Bill of Lading
SSHEX (SATSHEX) - Saturdays, Sundays, Holidays Excluded
SSHINC (SATSHINC) - Saturdays, Sundays, Holidays Included
SS and C - Same Sea and Country Coast
SSW - Salt Summer Water
STARBOARD - Right side of a ship when facing the front
STEM - Subject To Enough Merchandise (Availability of Cargo)
STERN - The aftmost part of a ship
STW - Said to weigh
SUB - Subject
SWAD - Salt Water Arrival Draft, Salt Water Air Draft
SWDD - Salt Water Departure Draft
SWL - Safe Working Load
TA - Tanks
TB - To Be
TBA - To Be Advised
TBL - To be lifted
TBMA - To Be Mutually Agreed
TBN - To Be Named
TC (T/C) - Time Charter
TCP - Time Charter Party
TCT - Time Charter Trip
TDW - Tons Deadweight
TEU - Standard 20' Container
THC - Terminal Handling Charge
THR - Thruster
TLXDD - Telex Dated
TM - Thickness Measurement
TNS - Tons
T/S - Transhipment
TL - Total Loss
TTL - Total
TTO - Through Transport Operator
TW - Tween Decker
UCE - Unforseen Circumstances Expected
UCP - Uniform Customs and Practice of Documentary Credits
UKCS - United Kongdom Continental Shelf
ULCC - Ultra Large Crude Carrier
UMS - nmannes Machinery Space
U/0 - DECK Under/On Deck
USAC - United States Atlantic Coast
USC - Unless Sooner Commenced
USG - United States Gulf
USC - Unless Sooner Commenced
UTM- Ultrasonic Thickness measurements
UU - Unless Used
UWI - Under Water Inspection (divers inspection)
VEG - Vegetable Oil
VLCC - Very Large Crude Carrier
VOL - Volume
VOY - Voyage
VPD - Vessel Pays Dues
VPP - Variable Pitch Propeller
VSL - Vessel
VV - Vice Versa
WA - Water
WB - Way Bill or Water Ballast
WC - West Coast
WCCON - Whether Customs Cleared Or Not
WCI - West Coast of India
WCYO - What Can You Offer
WDK - Weather Deck
WIBON - Whether In Berth Or Not
WIFPON - Whether In Free Practique Or Not
WIPON - Whether In Port Or Not
WLTOHC - Water Line-To-Hatch Coaming (Distance)
W/M - Weight of Measurement
WOG - Without Guarantee
WP - Weather Permitting
WPD - Weather Permitting Day
WRIC - Wire Rods In Collis
WTS - Working Time Saved
WWD (or WWDYS) - Weather Working Days
WWR - When, Where Ready
WWWW - WIBON, WCCON, WIFPON, WIPON
XS - Excess
XWHSE - Ex. Warehouse
X/C - SSHEX / SSHINC
YAR - York Antwerp Rules
YDAY - Yesterday
YD (or YDS) - Yards
YRS - Years
ZT - Zone Time
ZULU - (Greenwich Mean TIme)