Saturday, December 13, 2008

Pipes ex Hikari Japan to Kuantan

VESSEL : MV KEN TEN
FLAG : PORT VILA
YEAR BUILT : 1994
CLASS : NK
TONNAGE GROSS/NET : 14,783/ 8, 21O TON
HATCH/HOLD : 4 HATCHES/ 4 HOLDS
CARGO GEARS : 30 TONS X 4 DECK CRANES

SHIPMENT DATE 4TH JUNE 2008
CARGOES : 4, 918 PIECES PIPE
CARGO WEIGHT : 9,494,047 KGS
CARGO VOLUME: 15,778 M3































































Anchor Chain From Huang Pu to Pasir Gudang - MV Pine Pia

SHIPMENT OF 22 PCS ANCHOR CHAIN FROM HUANG PU, CHINA TO PASIR GUDANG, MALAYSIA.

VESSEL MV PINE PIA SHIPMENT DATE 3RD NOV 2008

SHIP PARTICULARS

1. SHIP NAME : MV PINE PIA
2. PORT OF REGISTRY : JE JU
3. OFFICIAL NO: JJR-940387
4. CALL SIGN : DSDD9
5. SHIP OWNER : SHINHAN CAPITAL CO LTD
6. BUILD : FEB 1994 AT DAE DONG SHIP BUILDING CO LTD
7. GROSS/GROSS TONNAGE: 4,314/2,596
8. DEADWEIGHT : 6,856.94 MT
9. LOAD/BREADTH/DEPTH (M) : 100.5/17.50/9.50




























































Thursday, October 23, 2008

Glossary of Chartering Terms



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

AGW - All going well
AAAA - Always Afloat, Always Accessible
AARA - Amsterdam-Antwerp-Rotterdam Area
ABT - About
ADCOM - Address Commission
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
AHL - Australian Hold Ladders
ANTHAM - Antwerp-Hamburg Range
APS - Arrival Pilot Station
ARAG - Amsterdam-Rotterdam-Antwerp-Gent Range
A/S - Alongside
ATDNSHINC - Any Time Day/Night Sundays and Holidays Included
ATUTC - Actual Time Used To Count
BAF - Bunker Adjustment Factor
BALLAST -Heavy weight, necessary for the stability of a ship not carrying cargo.
BBB - Before Breaking Bulk
BDI - Both Dates Inclusive
BENDS - Both Ends
BI - Both Inclusive
BIMCO - Baltic and International Council
BL - Bill of Lading
BM - Beam
BOB - Bunker on Board
BOFFER - Best Offer
BROB - Bunkers Remaining on Board
BSS - Basis
B S S 1/1 - Basis 1 port to 1 port
BT - Berth Terms
BWAD - Brackish Water Arrival Draft
CBM - Cubic Meter
CBFT - Cubic Feet
C&F - Cost and Freight
C&F FO - Cost & Freight Free Out
CHOPT - Charterers Option
CHTRS - Charterers
CIF - Cost, Insurance & Freight
CKD - Completely knocked down
COA - Contract of Affreightment
COACP - Contract of Affreightment Charter Party
COB - Closing of Business
COD - Cash on Delivery
COGSA - Carriage of Goods by Sea Act
CONS - Consumption
COP - Custom Of The Port
CP - Charter Party
CPD - Charterers Pay Dues
CPT - Carriage Paid To
CQD - Customary Quick Dispatch
CR - Current Rate
CROB - Cargo Remaining on Board
CRN - Crane
CST - Centistoke
CTR - Container Fitted
DAPS - Days All Purposes
DAMFORDET - Damages for Detention
DDU - Delivery Duty Unpaid
DDP - Delivery Duty Paid
DEM - Demurrage
DHDATSBE - Dispatch Half Demurrage on All Time Saved Both Ends
DHDWTSBE - Dispatch Half Demurrage on Working TIme Saved Both Ends
DISCH - Discharge
DK - Deck
DOP - Dropping Outward Pilot
DOT - Department of Transportation
DNRCAOSLONL - Discountless and Non-Returnable Cargo and/or Ship Lost or Not Lost
DRK - Derrick
DWAT - Deadweight
EC - East Coat
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
FAS - Free Alongside Ship
FCA - Free to Carrier
FDEDANRSAOCLONL - Freight Deemed Earned Discountless & Non-Refundable Ship &/or Cargo Lost Or Not Lost
FDESP - Free Dispatch
FDD - Freight Demurrage Deadfreight
FDIS - Free Discharge
FEU - Standard 40' Container
FHEX - Fridays, Holidays Excepted (Muslim Countries)
FHINC - Fridays, Holidays Included (Muslim Countries)
FILO - Free In/Liner Out
FIOS - Free In & Out & Stowed
FIOST - Free In & Out, Stowed & Trimmed
FIOT - Free In & Out & Trimmed
FIW - Free In Wagon
FMC - Federal Maritime Commission
FMS - Fathoms
FO - Fuel Oil
FOB - Free On Board
FOG - For Our Guidance
FOQ - Free On Quay
FOQ - Free On Truck
FOW - Free On Wharf
FWAD - Fresh Water Arrival Draft
FWDD - Fresh Water Departure Draft
FYG - For Your Guidance
FYI - For Your Information
GA - General Average
GLS - Gearless
GNCN- General Conditions
GN -Grain
GO -Gas Oil
GRD- Geared
GRT -Gross Restricted Tonnage
GSB -Guaranteed Safe Berth
GSP -Good Safe Port
GTEE- Guarantee
HA -Hatch
HDLTSBENDS -Half Dispatch Lay Time Saved Both Ends
HDWTS -Half Dispatch Working Time Saved
HMS -Heavy Metal Scraps
HO- Hold
HW -High Water
IMDG -International Maritime Dangerous Goods Code
IMO- International Maritime Organization
IND -Indication
IU -If Used
IUHTAUTC -If Used, Half Time Actually to Count
I WL -Institute Warranty Limits
LAT- Latitude
LOA -Length Overall of the Vessel
LW -Low Water
LYCN -Laycan (Layday Cancelling Date)
MB -Merchant Broker
MDO- Marine Diesel Oil
MOLCHOPT -More or Less Charterers Option
MOLOO- More or Less Owners Option
MT -Metric Ton
M/V -Motor Vessel
NAABSA -Not Always Afloat but Safely Aground
NCB -National Cargo Bureau
NOR -Notice of Readiness
NRT -Net Restricted Tonnage
NYPE- New York Produce Exchange
OO -Owners Option
OSH- Open Shelter Deck
OWS -Owners
PC -Period of Charter
PCGO -Part Cargo
PCT -Percent
PDPR- Per Day Pro-rated
PHPD -Per Hatch Per Day
PRATIQUE -License or permission to use a port
PWWD -Per Weather Working day
RCVR -Receivers
ROB -Remaining on Board
RT -Revenue Ton
SATPM -Saturday P.M.
SB -Safe Berth
SD -Single Decker
SELFD -Self Discharging
SF -Stowage Factor
SHEX -Sundays, Holidays Excepted
SHINC -Sundays, Holidays Included
SL Bale (capacity)
SOC- Shipper Owned Container
SOF -Statement of Facts
SP -Safe Port
SRBL -Signing and Releasing Bill of Lading
SSHEX- Saturdays, Sundays, Holidays Excluded
SSHINC- Saturdays, Sundays, Holidays Included
STEM -Subject to Enough Merchandise
SUB -Subject (to)
SWAD- Salt Water Arrival Draft
SWDD -Salt Water Departure Draft
TC -Time Charter
TEU- Standard 20' Container
TTL -Total
TW -Tween Decker
USC -Unless Sooner Commenced
UU -Unless Used
UUIWCTAUTC -Unless Used In Which Case Time Actually Used To Count
VPD -Vessel Pays Dues
WIBON -Whether In Berth Or Not
WIFPON- Whether In Free Pratique Or Not
WCCON- Whether Customs Cleared Or Not
WIPON -Whether In Port Or Not
WLTOHC- Water Line-To-Hatch Coaming
WOG -Without Guarantee
WP- Weather Permitting
WWD- Weather Working Day
WRIC -Wire Rods In Coils
WWR -When, Where Ready
YAR -York Antwerp Rules
Z UTC=GMT

Friday, October 17, 2008

INCOTERM 2000

The 13 International Incoterms are:

Departure of goods by international transport with the risks and dangers to the Seller (Exporter) and Buyers (Importers)
  1. "EXW"- Ex Works

    Title and risk pass to buyer including payment of all transportation and insurance cost from the seller's door. Used for any mode of transportation.

    Seller : In EXW shipment terms the Seller (Exporter) provides the goods for collection by the Buyer (Importer) on the seller or exporter's promise. Responsibility for the seller is to put the goods, in a good package which is adaptable and disposable by the transport.

    Buyer : The buyer or Importer arranges insurance for damage transit goods. The Buyer or importer has to bear all costs and risks involved in shipment transactions.

    (However, if the parties wish the seller to be responsible for the loading of the goods on departure and to bear the risks and all the costs of such loading, this should be made clear by adding explicit wording to this effect in the contract of sale. )

  2. "FCA"- Free Carrier named point

    "FCA"- Free Carrier named point: Title and risk pass to buyer including transportation and insurance cost when the seller delivers goods cleared for export to the carrier. Seller is obligated to load the goods on the Buyer's collecting vehicle; it is the Buyer's obligation to receive the Seller's arriving vehicle unloaded.

    Seller : The Seller’s responsibility is to deliver the goods into the custody of the transporters at defined points. It is important for the chosen place of delivery to have an impact on the obligations of loading and unloading the goods.

    Buyer : The Buyer nominates the means of transport or shipping mode and pays the shipment charges.

    The seller and the buyer agree upon the place for delivery of goods. If the buyer nominates a person other than a carrier or transporter to receive the goods, the seller is deemed to fulfill his obligation to deliver the goods when they are delivered to that person.

  3. "FAS"- Free Alongside Ship

    FAS- Free Alongside ship: Title and risk pass to buyer including payment of all transportation and insurance cost once delivered alongside ship by the seller. Used for sea or inland waterway transportation. The export clearance obligation rests with the seller.

    In FAS has price includes all the costs incurred in delivering the goods alongside the vessel at the port or nominated place of the buyer but there is not applicable charges to the seller for loading the goods on board of vessel and no ocean freight charges and marine insurance.

    Seller: The responsibility of the seller are fulfilled when the goods are placed cleared along the ship.

    Buyer: Buyer or Importer bear all the expenses and risks of loss or damage of transit goods which are delivered along the ship.

  4. "FOB" - Free On Board

    The FOB (Free on Board) price is inclusive of Ex-Works price, packing charges, transportation charges upto the place of shipment., Seller also responsible for o clear customs dues, quality inspection charges, weight measurement charges and other export related dues. It is important that the shipment term in the Bill of Lading must carry the wording "Shipped on Board' it must bear with signature of transporter or carrier or his authorized representative with the date on which goods were "Boarded".

    Seller :Seller responsible for clear customs dues, quality inspection charges, weight measurement charges and other export related dues. It is important that the shipment term in the Bill of Lading must carry the wording "Shipped on Board' it must bear with signature of transporter or carrier or his authorized representative with the date on which goods were "Boarded".

    Buyer : The buyer indicates the ship and pays freight, transfer expenses and risks is done when the goods passes or forwarding to the buyers warehouse by rail or ship.

  5. "CFR"- Cost And Freight

    In this term the exporter bears the cost of carriage or transport to the selected destination port, in this term the risk transferable to the buyers at the port of shipment.

    Seller: The chooses the carrier, concludes and bears the expenses by paying freight to the agreed port of destination, unloading not included. The loading of the duty-paid goods on the ship falls on him as well as the formalities of forwarding. On the other hand, the transfer of risks is the same one as in FOB.

    Buyer: The buyers supports all the risk of transport, when the goods are delivered aboard by ship at the loading port, buyer receives it from the carrier and takes delivery of the goods from nominated destination port.

  6. "CIF"- Cost, Insurance And Freight

    CIF- Cost, Insurance and Freight: Title and risk pass to buyer when delivered on board the ship by seller who pays transportation and insurance cost to destination port. Used for sea or inland waterway transportation.

    This Term involves insurance with FOB price and ocean freight. The marine insurance is obtained by the exporter at his cost against the risk of loss or damage to the goods during the carriage.

    Seller: The CFR extends additional obligation to the seller for providing a maritime So insurance against the risk of loss or damage to the goods. The seller pays the insurance premium.

    Buyer: He supports the risk of transportation, when the goods have been delivered aboard the ship at the loading port. He takes delivery of the goods from the carrier to the appointed port or destination.

  7. "CPT"- Carriage Paid To

    CPT- Carriage Paid To: Title, risk and insurance cost pass to buyer when delivered to carrier by seller who pays transportation cost to destination. Used for any mode of transportation.
    This term uses land transport by rail, road and inland waterways. The seller and exporter are responsible for the carriage of goods to the nominated destination and have to pay freight up the first carrier.

    Seller: The seller or exporter controls the supply chain after paying customs clearance for export. Seller or Exporter select the carrier and pay the expenses up to the destination.

    Buyer: The risks of goods damages or loss are supported by the buyer as goods are given by the first carrier. The buyer or importer has to pay importation customs clearance and the unloading costs.

  8. "CIP"- Carriage And Insurance Paid To

    CIP- Carriage and Insurance Paid To: Title and risk pass to buyer when delivered to carrier by seller who pays transportation and insurance cost to destination. Used for any mode of transportation.
    This term is similar to Carriage Paid To but the seller has to arrange and pay for the insurance against the risk or loss or damage of the goods during the shipment.

    Seller: The seller or buyer has to provide insurance and seller pays the freight and insurance premium.

    Buyer: The buyer or importer supports the risks of damages or loss, as goods are given to the first carrier. The buyer has to pay customs clearance and unloading charges.

  9. "DAF"- Delivered At Frontier

    DAF- Delivered At Frontier: Title, risk and responsibility for import clearance pass to buyer when delivered to named border point by seller. Used for any mode of transportation.

    This term is used when the goods are to be carried by rail or road.

    Seller : The seller is responsible to make the goods available to the buyer by the carrier till the customs border as defined in sales contract.

    Buyer : The buyer takes delivery of the goods at the contract agreed point border and he is responsible for bearing all customs formalities.

  10. DES"- Delivered Ex-Ship

    DES- Delivered Ex-Ship: Title, risk, responsibility for vessel discharge and import clearance pass to buyer when seller delivers goods on board the ship to destination port. Used for sea or inland waterway transportation.

    Seller: The seller is responsible to make the goods available to the buyer up to the named quay or after crossing the customs border.

    Buyer: The buyer takes delivery of the goods from ship at destination port and pays the expenses of unloading.

  11. DEQ"- Delivered Ex-Quay

    DEQ- Delivered Ex-Quay: Title and risk pass to buyer when delivered on board the ship at the destination point by the seller who delivers goods on dock at destination point cleared for import. Used for sea or inland waterway transportation.

  12. "DDU"- Delivered Duty Unpaid

    DDU- Delivered Duty Unpaid: Seller fulfills his obligation when goods have been made available at the named place in the country of importation.

    Seller: The seller is responsible for all transportation cost and accept the customs duty and taxes as per defined in customs procedures.

    Buyer: The buyer is responsible of the importation customs formalities.

  13. "DDP"- Delivered Duty Paid

    DDP- Delivered Duty Paid: Title and risk pass to buyer when seller delivers goods to the named destination point cleared for import. Used for any mode of transportation.

    Seller: The seller is responsible to make the goods available to the buyer at his risk and cost as promised by the buyer. All the Taxes and duty on importation is promised by the buyer to the seller.

    Buyer: The buyer is responsible to take delivery at a nominated place and pays the expenses for unloading of goods.

Monday, October 6, 2008

CHARTERING ABBREVIATIONS

Abbreviation Meaning
AAAlways Afloat
AAAAAlways Accessible Always Afloat
AAOSAAlways Afloat or Safe Aground. Condition for a vessel whilst in port
AARAAmsterdam-Antwerp-Rotterdam Area
ABAFTToward the rear (stern) of the ship. Behind.
ABOARDOn or within the ship
ABOVE DECKOn the deck (not over it - see ALOFT)
ABTAbout
ADCOMAddress Commission
ADDENDUMAdditional chartering terms at the end of a charter party
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
AGROUNDTouching or fast to the bottom
AGWAll Going Well
AHLAustralian Hold Ladders
AIDS TO NAVIGATIONArtificial objects to supplement natural landmarks indicating safe and unsafe waters
ALOFTAbove the deck of the ship
AMIDSHIPSIn or toward the centre of the ship
A/N Arrival Notice - an import document send to the notify party and/or importer's broker containing all necessary arrival info for Customs clearance; normally with freight charges.
ANCHORAGEA place suitable for anchorage in relation to the wind, seas and bottom
ANTHAMAntwerp-Hamburg Range
APSArrival Pilot Station
ARAGAmsterdam-Rotterdam--Antwerp-Gent Range
ARBITRATIONMethod of settling disputes which is usually binding on parties. A clause usually in a charter party
A/SAlongside
ASBAAmerican Shipbrokers Association
ASNAdvance Shipment Notice
ASPWAny Safe Port in the World
ASTERNIn the back of the ship, opposite of ahead
ATAActual time of arrival
ATDActual time of departure
ATDNSHINCAny Time Day/Night Sundays and Holidays Included
ATFIATFI
ATHWARTSHIPSAt right angles to the centreline of the ship
ATUTCActual Times Used to Count
AWBAir waybill
BACKLETTERWhere a seller/shipper issues a 'letter of indemnity' in favour of the carrier in exchange for a clean bill of lading
BAFBunker 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
BALLASTHeavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo
BALLAST BONUSCompensation 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.
BBBBefore Breaking Bulk. Refers to freight payments that must be received before discharge of a vessel commences
BDIBoth Dates Inclusive
BEAMThe maximum breadth or the greatest width of a ship
BELOWBeneath the deck
BENDSBoth Ends (Load & Discharge Ports)
BIBoth Inclusive
BIMCOThe Baltic and International Maritime Council
BLBale
B/L(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.
BMBeam
BNBooking Note
BOBBunker on Board
BOFFERBest Offer
BOWThe forward part of a ship
BROBBunkers Remaining on Board
BROKERAGEPercentage of freight payable to broker (by owners in c/p's) or applicable to sale or purchase
BSSBasis
BSS 1/1Basis 1 Port to 1 Port
BTBerth Terms
BULKHEADA vertical partition separating compartments
BUNDLINGThis 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.
BUNKERSName given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)
BUOYAn anchored float used for marking a position on the water or a hazard or a shoal and for mooring
BWADBrackish Water Arrival Draft
CAFCurrency Adjustment Factor. A fee applied to the shipping costs to compensate for exchange rate fluctuations.
CBMCubic Metres
CBFT (or CFT)Cubic Feet
CFR (or C&F)Cost and Freight
CHARTA map used by navigators
CHOPTCharterers Option
CHTRSCharterers
CIFCost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.
CKDCompletely knocked down
COAContract of Affreightment - Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.
CIPCarriage and Insurance paid to...
C.O. Certificate of Origin - a signed statement from a semiofficial organization certifying the origin of an export item, required by certain nations.
COACPContract of Affreightment Charter Party
COBClosing of Business
COBLDNClosing of Business London
CODCash On Delivery
COGSACarriage of Goods by Sea Act
CONGESTIONPort/berth delays
CONSConsumption
CNEECONSIGNEE. Name of agent, company or person receiving consignment
COPCustom Of Port
CP (or C/P)Charter Party
CPDCharterers Pay Dues
CPTCarriage Paid To
CQDCustomary Quick Despatch
CRCurrent Rate
CROBCargo Remaining on Board
CRNCrane
CRTCargo Retention Clauses, introduced by charterers based on shortage of delivered cargo because of increased oil prices
CSTCentistoke
CTRContainer Fitted
DADisbursement Account
DAFDeliver At Frontier
DAPSDays all Purposes (Total days for loading & discharging)
DAMFORDETDamages 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.
DDUDelivered Duty unpaid.
DDPDelivered Duty Paid.
DECKA permanent covering over a compartment, hull or any part thereof
DEMDemurrage (Quay Rent). Money paid by the shipper for the occupying port space beyond a specified "Free Time" period.
DEQDelivered Ex Quay
DESDelivered Ex Ship
DESPDespatch. Time saved, reward for quick turnaround- in dry cargo only
DETDetention (See DAMFORDET)
DEVDeviation. Vessel departure from specified voyage course
DFRTDeadfreight. Space booked by shipper or charterer on a vessel but not used
DHDATSBEDespatch Half Demurrage on All Time Saved Both Ends
DHDWTSBEDespatch Half Demurrage on Working Time Saved Both Ends
DISCHDischarge
DKDeck
DLOSPDropping Last Outwards Sea Pilot (Norway)
DODiesel Oil
DOLSPDropping Off Last Sea Pilot (Norway)
DOPDropping Outward Pilot
DOTDepartment of Transport
DNRCAOSLONLDiscountless 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.
DRKDerrick
DUNNAGEMaterials 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.
EBBA receeding current
ECEast Coast
EIUEven If Used
ELVENTElectric Ventilation
ETAEstimated Time of Arrival - the projected date and time a shipment is scheduled to arrive at its destination.
ETCEstimated Time of Completion
ETDEstimated Time of Departure - the projected date and time a shipment is scheduled to depart from the port/airport of origin.
ETSEstimated Time of Sailing
EXWEx Works
FACFast as can
FASFree Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading
FCAFree 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.
FCL Full Container Load - a container that is fully loaded by cargo, occupying all space, or loaded to the maximum permissable weight. It can contain cargo from multiple shippers, but normally is consigned to the same consignee. The shipment is expected to be delivered to the consignee with the shipper's seal intact.
FD (FDIS)Free Discharge
FDDFreight Demurrage Deadfreight
FDESPFree Despatch
FDEDANRSAOCLONLFreight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost
FENDERA cushion, placed between ships, or between a ship and a pier, to prevent damage
FEUStandard 40’ Container, forty-foot equivalent unit, a standard size intermodal container.
FHEXFridays/Holidays Excluded
FHINCFridays/Holidays Included
FILOFree In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.
FIOFree In/Out. Freight booked FIO includes the seafreight, but no loading/discharging costs, i.e. the charterer pays for cost of loading/discharging cargo.
FIOSFree In/Out Stowed. As per FIO, but excludes stowage costs.
FIOSTFree In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage and trimming.
FIOTFree 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.
FITFree In Trimmed
FIWFree In Wagon
FIXINGChartering a Vessel
FIXTUREConclusion of shipbrokers negotiations to charter a ship - an agreement
FLATPACKINGCargo to be presented stacked and secured as an integral unit.
FLTFull Liner Terms
FMCFederal Maritime Commission
FMEForce Majeure Excepted
FMSFathoms
FOFor Orders
FO (IFO)Fuel Oil/Intermediate FO
FOFree Out
FOBFree on Board. Seller sees the goods "over the ship’s rail" on to the ship which is arranged and paid for by the buyer
FOFFERFirm Offer
FOGFor Our Guidance
FOQFree On Quay
FORFree On Rail
FORCE MAJEUREClause limiting responsibilities of the charterers, shippers and receivers of cargo.
FORE-AND-AFTIn a line parallel to the keel
FORWARDToward the bow of the ship
FOTFree On Truck
FOWFirst Open Water
FOWFree On Wharf
FPFree Pratique. Clearance by the Health Authorities
FRFirst Refusal. First attempt at best offer that can be matched
FREEBOARDThe minimum vertical distance from the surface of the water to the gunwale
FRTFreight. Money payable on delivery of cargo in a mercantile condition
FREE DESPATCHIf loading/discharging achieved sooner than agreed, there will be no freight money returned.
FREE EXINSFree of any Extra Insurance (Owners)
FREE OUTFree of discharge costs to owners. Includes seafreight only.
FRUSTRATIONCharterers when cancelling agreement sometimes quote 'doctrine of frustration' i.e. vessel is lost, extensive delays.
FWADFresh Water Arrival Draft
FWDDFresh Water Departure Draft
FYGFor Your Guidance
FYIFor Your Information
GAGeneral Average
GEARA general term for ropes, blocks, tackle and other equipment
GLS (GLESS)Gearless
GNCNGencon (GENERAL CONDITIONS)
GN (or GR)Grain (Capacity)
GOGas Oil
GPGrain Capacity. Cubic capacity in 'grain'
GRGeographical Rotation. Ports in order of calling
GRDGeared
GRIGeneral Rate Increase. Used to describe an across-the-board tariff rate increase implemented by conference members and applied to base rates.
GRTGross Registered Tonnage
GSBGood, Safe Berth
GSPGood, Safe Port
GTEEGuarantee
GUNWALEThe upper edge of a ship's sides
2HSecond Half
HAHatch
HAGUE RULESCode of minimum conditions for the carriage of cargo under a Bill of Lading
HATCHAn opening in a ship's deck fitted with a watertight cover
HBFHarmless Bulk Fertilizer
HDLTSBENDSHalf Despatch Lay Time Saved Both Ends
HDWTSHalf Despatch Working (or Weather) Time Saved
HHDWHandy Heavy d.w. (Scrap)
HIRET/C Remuneration
HMSHeavy Metal Scraps
HOHold
HOLDA compartment below deck in a large vessel, used solely for carrying cargo
HULLThe main body of a ship
HWHigh Water
ICWIntercoastal Waterway : bays, rivers, and canals along the coasts (such as the Atlantic and Gulf of Mexico coasts), connected so that vessels may travel without going into the sea
IMDGInternational Maritime Dangerous Goods Code
IMOInternational Maritime Organisation
IN &/OR OVERGoods carried below and/or on deck
INCOTERMS(Refer to comments in covering statement on front page A-F)
INDIndication
INTERMODALCarriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a single journey
ITFInternational Transport Workers Federation (Trade Unions). Complies on crewing
ISPSInternational Ships and Port Security System
ITINERARYRoute.Schedule
IUIf Used
IUHTAUTCIf Used, Half Time Actually To Count
IWLInstitute Warranty Limits
KEELThe centreline of a ship running fore and aft; the backbone of a vessel
KNOTA measurement of speed equal to one nautical mile (6,076 feet) per hour
LANE METERA 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.
LASHTo hold goods in position by use of Ropes, Wires, Chains or Straps etc.
LATLatitude. The distance north or south of the equator measured and expressed in degrees.
LAYCANLaycan (Layday Cancelling Date)
LAYTIMETime at Charterers disposal for purpose of loading/discharging
L/CLetter of Credit
LCL Less than Container Load - a shipment that takes up only a portion of a consolidated container. LCL shpts are to be picked up at a CFS only, whereas FCL are to be picked up at a container yard/terminal.
LCRLowest Current Rate
LEEThe side sheltered from the wind
LEEWARDThe direction away from the wind. Opposite of windward
LEEWAYThe sideways movement of the ship caused by either wind or current
LFLoad 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%
LIENRetention of property until outstanding debt is paid
LNGLiquefied Natural Gas
LOALength Overall of the vessel
LOAD LINESee PLIMSOLL LINE
LOFLloyds Open Form
LOGA record of courses or operation. Also, a device to measure speed
LOILetter of Indemnity
LONGITUDEThe distance in degrees east or west of the meridian at Greenwich, England
LOWLast Open Water
LS (or LUMPS)Lumpsum Freight. Money paid to Shipper for a charter of a ship (or portion) up to stated limit irrespective of quantity of cargo
LSDLashed Secured Dunnaged
LTLiner Terms
LTLong Ton = 1,016.05 kilogram (2,240 lbs)
LTHHLiner Terms Hook/Hook
LWLow Water
LYCNLaycan (Layday Cancelling Date)
MANIFESTInventory of cargo on board
MBMerchant Broker
MDO (DO)Marine Diesel Oil
MIDSHIPApproximately in the location equally distant from the bow and stern
MIN/MAXMinimum/Maximum (cargo quantity)
MOAMemorandum of Agreement
MOLCHOPTMore or Less Charterers Option
MOLOOMore or Less Owners Option
MOORINGAn arrangement for securing a ship to a mooring buoy or pier
MTMertic Tonne (i.e. 1,000 kilos)
M/VMotor Vessel / Merchant Vessel
NAABSANot Always Afloat But Safely Aground
NMNautical Mile. One minute of latitude; approximately 6,076 feet - about 1/8 longer than the statute mile of 5,280 feet
NAVIGATIONThe art and science of conducting a ship safely from one point to another
NCBNational Cargo Bureau
NESTINGImplies that cargo is presented stacked in the contour of similarly shaped cargo, it may be likened to a stack of plates. This is particularly relevant in the presentation of tankage strakes for transport
NON-REVERSIBLE(Detention). If loading completed sooner than expected, then saved days will not be added to discharge time allowed.
NORNotice of Readiness
NRTNet Restricted Tonnage
NYPENew York Produce Exchange
OOOwners Option
OBOOre/Bulk/Oil Vessel
OSHOpen Shelter Deck
OVERBOARDOver the side or out of the ship
OWSOwners
P&IProtection and Indemnity Insurance
PASTUSPast Us
PCPeriod of Charter
PCGOPart Cargo
PCTPercent
PDPRPer Day Pro Rata
PERDIEMBy the Day
PER SEBy Itself
PHPDPer Hatch Per Day
PLIMSOLL MARK
alt.
PLIMSOLL LINE
alt.
LOAD LINE
An internationally recognised line painted on the side of merchant ships. When a ship is loaded, the water level is not supposed to go above the line. Water can reach different parts of the line as its temperature and saltiness varies with the season and location. From where Plimsoll Shipping derived its name.
PORTThe left side of a ship looking forward. A harbour.
PRATIQUELicence or permission to use a port
PREAMBLEIntroduction to a charter party
PROFORMAEstimated Account
PUSPlus Us
PWWDPer Weather Working Day
RCVRReceiver
RECAPRecapitulation of the terms and conditions agreed
REVERSIBLE(Detention). If loading completed sooner than expected at load port, then days saved can be added to discharge operations.
ROBRemaining On Board
RTRevenue 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.
SATPMSaturday P.M.
SBSafe Berth
SD (or SID)Single Decker
SEAFREIGHTCosts charged for transporting goods over the sea. This does not cover haulage or loading/discharging costs but the sea transport only
SEAWORTHINESSStatement of condition of the vessel (valid certificates, fully equipped and manned etc.)
SELFDSelf Discharging
SEMI-TRAILERSAre usually 12.0 meter flat bed road trailers
SFStowage Factor. Cubic space (measurement tonne) occupied by one tonne (2,240 lbs/1,000 kgs) of cargo
SHINCSundays/Holidays Included
SHEXSundays/Holidays Excluded
SHPR Shipper - the party in whose name a contract of carriage of goods has been concluded with at carrier or any party by whom, in whose name or on whose behalf the goods are actually delivered to the carrier in relation to the contract of carriage.
SKIDSAre bearers (timber or steel) positioned under the cargo to enable forklift handling at port, and for ease of rigging and lashing on board ship.
SNSatellite Navigation - A form of position finding using radio transmissions from satellites with sophisticated on-board automatic equipment
SOCShipper Owned Container
SOFStatement of Facts
SPSafe Port
SPIDERINGIs the strengthening of circular tanks for transport, this prevents the tanks from becoming warped. The tanks are strengthened with steel or wood crossbeams giving a "spider" appearance
SRBLSigning and Releasing Bill of Lading
SSHEXSaturdays, Sundays, Holidays Excluded
SSHINC (or SATSHINC)Saturdays, Sundays, Holidays Included
STABILITYIt is paramount that a vessel is stable in all aspects at all times. When cargo is loaded/discharged, the stability is monitored by a computer, which takes into account the weight and position of cargo within the vessel.
STARBOARDRight side of a ship when facing the front or forward end.
STEMSubject to Enough Merchandise (Availability of cargo). Also, the forward most part of the bow.
STERNThe aformost or after part of a ship
SUBSubject (to). Depending upon as a condition
SUPERCARGOPerson 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.
SWADSalt Water Arrival Draft
SWDDSalt Water Departure Draft
THWARTSHIPSAt right angles to the centreline of the ship
TIDEThe periodic rise and fall of water level in the oceans
TIME BARTime after which legal claims will not be entered
TBNTo Be Named / To Be Nominated
TCTime Charter - Owners agree to hire a particular ship for a set length of time and provide technical management, crewing etc.
TCPTime Charter Party
TEUStandard 20' Container, twenty-foot equivalent unit, a standard size intermodal container.
TOPSIDESThe sides of a ship between the waterline and the deck; sometimes referring to onto or above the deck
T/S Transhipment - a shipping arrangement in which a shipment is discharged of the vessel at an intermediate port enroute and subsequently reloaded to another vessel for carriage to its final destinationl
TRIMFore and aft balance of a ship
TTLTotal
TWTween Decker
USCUnless Sooner Commenced
UUUnless Used
UUIWCTAUTCUnless Used In Which Case Time Actually Used To Count
VPDVessel Pays Dues
WATERLINEA line painted on a hull which shows the point to which a ship sinks when it is properly trimmed
WAYMovement of a ship through water such as headway, sternway or leeway
WCCONWhether Customs Cleared Or Not
WIBONWhether In Berth Or Not
WIFPONWhether In Free Pratique Or Not
WINDWARDToward the direction from which the wind is coming
WIPONWhether In Port Or Not
WLTOHCWater Line-To-Hatch Coaming
WOGWithout Guarantee
WPWeather Permitting. That time during which weather prevents working shall not count as laytime
WPDWeather Permitting Day
WWDWeather Working Day
WRICWire Rods In Collis
WWRWhen, Where Ready
WWWWWibon, Wccon, Wifpon, Wipon
YARYork Antwerp Rules
YAWTo swing or steer off course, as when running with a quartering sea
ZUTC = GMT