GLOSSARY OF CHARTERING TERMS






The following are generally accepted code terms used internationally in the shipping community

AGWAll going well
AAAAAlways Afloat, Always Accessible
AARAAmsterdam-Antwerp-Rotterdam Area
ABTAbout
ADCOMAddress Commission
AFSPSArrival First Sea Pilot Station (Norway)
AFFREIGHTMENTThe hiring of a ship in whole or part
AFTAt or towards the stern or rear of a ship
AHLAustralian Hold Ladders
ANTHAMAntwerp-Hamburg Range
APSArrival Pilot Station
ARAGAmsterdam-Rotterdam-Antwerp-Gent Range
A/SAlongside
ATDNSHINCAny Time Day/Night Sundays and Holidays Included
ATUTCActual Time Used To Count
BAFBunker Adjustment Factor
BALLASTHeavy weight, necessary for the stability of a ship not carrying cargo.
BBBBefore Breaking Bulk
BDIBoth Dates Inclusive
BENDSBoth Ends
BIBoth Inclusive
BIMCOBaltic and International Council
BLBill of Lading
BMBeam
BOBBunker on Board
BOFFERBest Offer
BROBBunkers Remaining on Board
BSSBasis
B S S 1/1Basis 1 port to 1 port
BTBerth Terms
BWADBrackish Water Arrival Draft
CBMCubic Meter
CBFTCubic Feet
C&FCost and Freight
C&F FOCost & Freight Free Out
CHOPT Charterers Option
CHTRSCharterers
CIF Cost, Insurance & Freight
CKDCompletely knocked down
COAContract of Affreightment
COACPContract of Affreightment Charter Party
COBClosing of Business
CODCash on Delivery
COGSACarriage of Goods by Sea Act
CONSConsumption
COPCustom Of The Port
CPCharter Party
CPDCharterers Pay Dues
CPTCarriage Paid To
CQDCustomary Quick Dispatch
CRCurrent Rate
CROBCargo Remaining on Board
CRNCrane
CSTCentistoke
CTRContainer Fitted
DAPSDays All Purposes
DAMFORDETDamages for Detention
DDUDelivery Duty Unpaid
DDPDelivery Duty Paid
DEMDemurrage
DHDATSBEDispatch Half Demurrage on All Time Saved Both Ends
DHDWTSBEDispatch Half Demurrage on Working TIme Saved Both Ends
DISCHDischarge
DKDeck
DOPDropping Outward Pilot
DOTDepartment of Transportation
DNRCAOSLONLDiscountless and Non-Returnable Cargo and/or Ship Lost or Not Lost
DRKDerrick
DWATDeadweight
ECEast Coat
EIUEven if used
ELVENTElectric Ventilation
ETAEstimated Time of Arrival
ETCEstimated Time of Completion
ETDEstimated Time of Departure
ETSEstimated Time of Sailing
EXWEx Works
FASFree Alongside Ship
FCAFree to Carrier
FDEDANRSAOCLONL Freight Deemed Earned Discountless & Non-Refundable Ship &/or Cargo Lost Or Not Lost
FDESPFree Dispatch
FDDFreight Demurrage Deadfreight
FDISFree Discharge
FEUStandard 40' Container
FHEXFridays, Holidays Excepted (Muslim Countries)
FHINCFridays, Holidays Included (Muslim Countries)
FILOFree In/Liner Out
FIOSFree In & Out & Stowed
FIOSTFree In & Out, Stowed & Trimmed
FIOTFree In & Out & Trimmed
FIWFree In Wagon
FMCFederal Maritime Commission
FMSFathoms
FOFuel Oil
FOBFree On Board
FOGFor Our Guidance
FOQFree On Quay
FOQFree On Truck
FOWFree On Wharf
FWADFresh Water Arrival Draft
FWDDFresh Water Departure Draft
FYGFor Your Guidance
FYIFor Your Information
GAGeneral Average
GLSGearless
GNCNGeneral Conditions
GNGrain
GOGas Oil
GRDGeared
GRTGross Restricted Tonnage
GSBGuaranteed Safe Berth
GSPGood Safe Port
GTEEGuarantee
HAHatch
HDLTSBENDSHalf Dispatch Lay Time Saved Both Ends
HDWTSHalf Dispatch Working Time Saved
HMSHeavy Metal Scraps
HOHold
HWHigh Water
IMDGInternational Maritime Dangerous Goods Code
IMOInternational Maritime Organization
INDIndication
IUIf Used
IUHTAUTCIf Used, Half Time Actually to Count
I WLInstitute Warranty Limits
LATLatitude
LOALength Overall of the Vessel
LWLow Water
LYCNLaycan (Layday Cancelling Date)
MBMerchant Broker
MDOMarine Diesel Oil
MOLCHOPTMore or Less Charterers Option
MOLOOMore or Less Owners Option
MTMetric Ton
M/VMotor Vessel
NAABSANot Always Afloat but Safely Aground
NCBNational Cargo Bureau
NORNotice of Readiness
NRTNet Restricted Tonnage
NYPENew York Produce Exchange
OOOwners Option
OSHOpen Shelter Deck
OWSOwners
PCPeriod of Charter
PCGOPart Cargo
PCTPercent
PDPRPer Day Pro-rated
PHPDPer Hatch Per Day
PRATIQUELicense or permission to use a port
PWWDPer Weather Working day
RCVRReceivers
ROBRemaining on Board
RTRevenue Ton
SATPMSaturday P.M.
SBSafe Berth
SDSingle Decker
SELFDSelf Discharging
SFStowage Factor
SHEXSundays, Holidays Excepted
SHINCSundays, Holidays Included
SLBale (capacity)
SOCShipper Owned Container
SOFStatement of Facts
SPSafe Port
SRBLSigning and Releasing Bill of Lading
SSHEXSaturdays, Sundays, Holidays Excluded
SSHINCSaturdays, Sundays, Holidays Included
STEMSubject to Enough Merchandise
SUBSubject (to)
SWADSalt Water Arrival Draft
SWDDSalt Water Departure Draft
TCTime Charter
TEUStandard 20' Container
TTLTotal
TWTween Decker
USCUnless Sooner Commenced
UUUnless Used
UUIWCTAUTCUnless Used In Which Case Time Actually Used To Count
VPDVessel Pays Dues
WIBONWhether In Berth Or Not
WIFPONWhether In Free Pratique Or Not
WCCONWhether Customs Cleared Or Not
WIPONWhether In Port Or Not
WLTOHCWater Line-To-Hatch Coaming
WOGWithout Guarantee
WPWeather Permitting
WWDWeather Working Day
WRICWire Rods In Coils
WWRWhen, Where Ready
YARYork Antwerp Rules
ZUTC=GMT


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