ABBREVIATION
MEANING

AA

Always Afloat

AAAA

Always Accessible Always Afloat

AAOSA

Always Afloat or Safe Aground. Condition for a vessel whilst in port

AARA

Amsterdam-Antwerp-Rotterdam Area

ABAFT

Toward the rear (stern) of the ship. Behind.

ABOARD

On or within the ship

ABOVE DECK

On the deck (not over it - see ALOFT)

ABT

About

ADCOM

Address Commission

ADDENDUM

Additional chartering terms at the end of a charter party

AFSPS

Arrival First Sea Pilot Station (Norway)

AFFREIGHTMENT

The hiring of a ship in whole or part

AFT

At or towards the stern or rear of a ship

AGROUND

Touching or fast to the bottom

AGW

All Going Well

AHL

Australian Hold Ladders

AIDS TO NAVIGATION

Artificial objects to supplement natural landmarks indicating safe and unsafe waters

ALOFT

Above the deck of the ship

AMIDSHIPS

In or toward the centre of the ship

ANCHORAGE

A place suitable for anchorage in relation to the wind, seas and bottom

ANTHAM

Antwerp-Hamburg Range

APS

Arrival Pilot Station

ARAG

Amsterdam-Rotterdam--Antwerp-Gent Range

ARBITRATION

Method of settling disputes which is usually binding on parties. A clause usually in a charter party

A/S

Alongside

ASBA

American Shipbrokers Association

ASPW

Any Safe Port in the World

ASTERN

In the back of the ship, opposite of ahead

ATDNSHINC

Any Time Day/Night Sundays and Holidays Included

ATHWARTSHIPS

At right angles to the centreline of the ship

ATUTC

Actual Times Used to Count

BACKLETTER

Where a seller/shipper issues a 'letter of indemnity' in favour of the carrier in exchange for a clean bill of lading

BAF

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.

BALE CAP.

Cubic capacity of a vessels holds to carry packaged dry cargo such as bales/pallets

BALLAST

Heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo

BALLAST BONUS

Compensation for relatively long ballast voyage

BAREBOAT CHTR.

Bareboat Charter - 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.

BBB

Before Breaking Bulk. Refers to freight payments that must be received before discharge of a vessel commences

BDI

Both Dates Inclusive

BEAM

The maximum breadth or the greatest width of a ship

BELOW

Beneath the deck

BENDS

Both Ends (Load & Discharge Ports)

BI

Both Inclusive

BIMCO

The Baltic and International Maritime Council

BL1

Bale

BL2

(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.

BM

Beam

BN

Booking Note

BOB

Bunker on Board

BOFFER

Best Offer

BOW

The forward part of a ship

BROB

Bunkers Remaining on Board

BROKERAGE

Percentage of freight payable to broker (by owners in c/p's) or applicable to sale or purchase

BSS

Basis

BSS 1/1

Basis 1 Port to 1 Port

BT

Berth Terms

BULKHEAD

A vertical partition separating compartments

BUNDLING

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.

BUNKERS

Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)

BUOY

An anchored float used for marking a position on the water or a hazard or a shoal and for mooring

BWAD

Brackish Water Arrival Draft

CAF

Currency Adjustment Factor

CBM

Cubic Metres

CBFT (or CFT)

Cubic Feet

CFR (or C&F)

Cost and Freight

CHART

A map used by navigators

CHOPT

Charterers Option

CHTRS

Charterers

CIF

Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.

CKD

Completely knocked down

COA

Contract of Affreightment - Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.

CIP

Carriage and Insurance paid to...

COACP

Contract of Affreightment Charter Party

COB

Closing of Business

COBLDN

Closing of Business London

COD

Cash On Delivery

COGSA

Carriage of Goods by Sea Act

CONGESTION

Port/berth delays

CONS

Consumption

C/SNEE

CONSIGNEE. Name of agent, company or person receiving consignment

COP

Custom Of Port

CP (or C/P)

Charter Party

CPD

Charterers Pay Dues

CPT

Carriage Paid To

CQD

Customary Quick Despatch

CR

Current Rate

CROB

Cargo Remaining on Board

CRN

Crane

CRT

Cargo Retention Clauses, introduced by charterers based on shortage of delivered cargo because of increased oil prices

CST

Centistoke

CTR

Container Fitted

DA

Disbursement Account

DAF

Deliver At Frontier

DAPS

Days all Purposes (Total days for loading & discharging)

DAMFORDET

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.

DDU

Delivered Duty unpaid.

DDP

Delivered Duty Paid.

DECK

A permanent covering over a compartment, hull or any part thereof

DEM

Demurrage (Quay Rent). Money paid by the shipper for the occupying port space beyond a specified "Free Time" period.

DEQ

Delivered Ex Quay

DES

Delivered Ex Ship

DESP

Despatch. Time saved, reward for quick turnaround- in dry cargo only

DET

Detention (See DAMFORDET)

DEV

Deviation. Vessel departure from specified voyage course

DFRT

Deadfreight. Space booked by shipper or charterer on a vessel but not used

DHDATSBE

Despatch Half Demurrage on All Time Saved Both Ends

DHDWTSBE

Despatch Half Demurrage on Working Time Saved Both Ends

DISCH

Discharge

DK

Deck

DLOSP

Dropping Last Outwards Sea Pilot (Norway)

DO

Diesel Oil

DOLSP

Dropping Off Last Sea Pilot (Norway)

DOP

Dropping Outward Pilot

DOT

Department of Transport

DNRCAOSLONL

Discountless and Non-Returnable Cargo and/or Ship Lost or Not Lost

DRAUGHT (or DRAFT)

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.

DRK

Derrick

DUNNAGE

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.

DWAT (or DWT)

Deadweight. Weight of cargo, stores and water, i.e. the difference between lightship and loaded displacement.

EBB

A receeding current

EC

East Coast

EIU

Even If Used

ELVENT

Electric Ventilation

ETA

Estimated Time of Arrival

ETC

Estimated Time of Completion

ETD

Estimated Time of Departure

ETS

Estimated Time of Sailing

EXW

Ex Works

FAC

Fast as can

FAS

Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading

FCA

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.

FD (FDIS)

Free Discharge

FDD

Freight Demurrage Deadfreight

FDESP

Free Despatch

FDEDANRSAOCLONL

Freight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost

FENDER

A cushion, placed between ships, or between a ship and a pier, to prevent damage

FEU

Standard 40 Container

FHEX

Fridays/Holidays Excluded

FHINC

Fridays/Holidays Included

FILO

Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.

FIO

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.

FIOS

Free In/Out Stowed. As per FIO, but excludes stowage costs.

FIOST

Free In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage and trimming.

FIOT

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.

FIT

Free In Trimmed

FIW

Free In Wagon

FIXING

Chartering a Vessel

FIXTURE

Conclusion of shipbrokers negotiations to charter a ship - an agreement

FLATPACKING

Cargo to be presented stacked and secured as an integral unit.

FLT

Full Liner Terms

FMC

Federal Maritime Commission

FME

Force Majeure Excepted

FMS

Fathoms

FO1

For Orders

FO2 (IFO)

Fuel Oil/Intermediate FO

FO3

Free Out

FOB

Free on Board. Seller sees the goods "over the ships rail" on to the ship which is arranged and paid for by the buyer

FOFFER

Firm Offer

FOG

For Our Guidance

FOQ

Free On Quay

FOR

Free On Rail

FORCE MAJEURE

Clause limiting responsibilities of the charterers, shippers and receivers of cargo.

FORE-AND-AFT

In a line parallel to the keel

FORWARD

Toward the bow of the ship

FOT

Free On Truck

FOW1

First Open Water

FOW2

Free On Wharf

FP

Free Pratique. Clearance by the Health Authorities

FR

First Refusal. First attempt at best offer that can be matched

FREEBOARD

The minimum vertical distance from the surface of the water to the gunwale

FRT

Freight. Money payable on delivery of cargo in a mercantile condition

FREE DESPATCH

If loading/discharging achieved sooner than agreed, there will be no freight money returned.

FREE EXINS

Free of any Extra Insurance (Owners)

FREE OUT

Free of discharge costs to owners. Includes seafreight only.

FRUSTRATION

Charterers when cancelling agreement sometimes quote 'doctrine of frustration' i.e. vessel is lost, extensive delays.

FWAD

Fresh Water Arrival Draft

FWDD

Fresh Water Departure Draft

FYG

For Your Guidance

FYI

For Your Information

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