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Chartering Terms & Definitions G-Z (ID: 1870)
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ABBREVIATION MEANING GA General Average GEAR A general term for ropes, blocks, tackle and other equipment GLS (GLESS) Gearless GNCN Gencon (GENERAL CONDITIONS) GN (or GR) Grain (Capacity) GO Gas Oil GP Grain Capacity. Cubic capacity in 'grain' GR Geographical Rotation. Ports in order of calling GRD Geared GRT Gross Registered Tonnage GSB Good, Safe Berth GSP Good, Safe Port GTEE Guarantee GUNWALE The upper edge of a ship's sides 2H Second Half HA Hatch HAGUE RULES Code of minimum conditions for the carriage of cargo under a Bill of Lading HATCH An opening in a ship's deck fitted with a watertight cover HBF Harmless Bulk Fertilizer HDLTSBENDS Half Despatch Lay Time Saved Both Ends HDWTS Half Despatch Working (or Weather) Time Saved HHDW Handy Heavy d.w. (Scrap) HIRE T/C Remuneration HMS Heavy Metal Scraps HO Hold HOLD A compartment below deck in a large vessel, used solely for carrying cargo HULL The main body of a ship HW High Water ICW Intercoastal 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 IMDG International Maritime Dangerous Goods Code IMO International Maritime Organisation IN &/OR OVER Goods carried below and/or on deck IND Indication INTERMODAL Carriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a single journey INCOTERMS (Refer to comments in covering statement on front page A-F) ITF International Transport Workers Federation (Trade Unions). Complies on crewing ITINERARY Route.Schedule IU If Used IUHTAUTC If Used, Half Time Actually To Count IWL Institute Warranty Limits KEEL The centreline of a ship running fore and aft; the backbone of a vessel KNOT A measurement of speed equal to one nautical mile (6,076 feet) per hour LANE METER A 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. LASH To hold goods in position by use of Ropes, Wires, Chains or Straps etc. LAT Latitude. The distance north or south of the equator measured and expressed in degrees. LAYCAN Laycan (Layday Cancelling Date) LAYTIME Time at Charterers disposal for purpose of loading/discharging L/C Letter of Credit LCR Lowest Current Rate LEE The side sheltered from the wind LEEWARD The direction away from the wind. Opposite of windward LEEWAY The sideways movement of the ship caused by either wind or current LF Load 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% LIEN Retention of property until outstanding debt is paid LNG Liquefied Natural Gas LOA Length Overall of the vessel LOAD LINE SEE PLIMSOLL LINE LOF Lloyds Open Form LOG A record of courses or operation. Also, a device to measure speed LOI Letter of Indemnity LONGITUDE The distance in degrees east or west of the meridian at Greenwich, England LOW Last 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 LSD Lashed Secured Dunnaged LT1 Liner Terms LT2 Long Ton = 1,016.05 kilogram (2,240 lbs) LTHH Liner Terms Hook/Hook LW Low Water LYCN Laycan (Layday Cancelling Date) MANIFEST Inventory of cargo on board MB Merchant Broker MDO (DO) Marine Diesel Oil MIDSHIP Approximately in the location equally distant from the bow and stern MIN/MAX Minimum/Maximum (cargo quantity) MOA Memorandum of Agreement MOLCHOPT More or Less Charterers Option MOLOO More or Less Owners Option MOORING An arrangement for securing a ship to a mooring buoy or pier MT Mertic Tonne (i.e. 1,000 kilos) M/V Motor Vessel / Merchant Vessel NAABSA Not Always Afloat But Safely Aground NM Nautical Mile. One minute of latitude; approximately 6,076 feet - about 1/8 longer than the statute mile of 5,280 feet NAVIGATION The art and science of conducting a ship safely from one point to another NCB National Cargo Bureau NESTING Implies 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. NOR Notice of Readiness NRT Net Restricted Tonnage NYPE New York Produce Exchange OO Owners Option OBO Ore/Bulk/Oil Vessel OSH Open Shelter Deck OVERBOARD Over the side or out of the ship OWS Owners P&I Protection and Indemnity Insurance PASTUS Past Us PC Period of Charter PCGO Part Cargo PCT Percent PDPR Per Day Pro Rata PERDIEM By the Day PER SE By Itself PHPD Per 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. PORT The left side of a ship looking forward. A harbour. PRATIQUE Licence or permission to use a port PREAMBLE Introduction to a charter party PROFORMA Estimated Account PUS Plus Us PWWD Per Weather Working Day RCVR Receiver RECAP Recapitulation 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. ROB Remaining On Board RT 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. SATPM Saturday P.M. SB Safe Berth SD (or SID) Single Decker SEAFREIGHT Costs charged for transporting goods over the sea. This does not cover haulage or loading/discharging costs but the sea transport only SEAWORTHINESS Statement of condition of the vessel (valid certificates, fully equipped and manned etc.) SELFD Self Discharging SEMI-TRAILERS Are usually 12.0 meter flat bed road trailers SF Stowage Factor. Cubic space (measurement tonne) occupied by one tonne (2,240 lbs/1,000 kgs) of cargo SHINC Sundays/Holidays Included SHEX Sundays/Holidays Excluded SKIDS Are bearers (timber or steel) positioned under the cargo to enable forklift handling at port, and for ease of rigging and lashing on board ship. SN Satellite Navigation - A form of position finding using radio transmissions from satellites with sophisticated on-board automatic equipment SOC Shipper Owned Container SOF Statement of Facts SP Safe Port SPIDERING Is 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 SRBL Signing and Releasing Bill of Lading SSHEX Saturdays, Sundays, Holidays Excluded SSHINC (or SATSHINC) Saturdays, Sundays, Holidays Included STABILITY It 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. STARBOARD Right side of a ship when facing the front or forward end. STEM Subject to Enough Merchandise (Availability of cargo). Also, the forward most part of the bow. STERN The aformost or after part of a ship SUB Subject (to). Depending upon as a condition SUPERCARGO 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. SWAD Salt Water Arrival Draft SWDD Salt Water Departure Draft THWARTSHIPS At right angles to the centreline of the ship TIDE The periodic rise and fall of water level in the oceans TIME BAR Time after which legal claims will not be entered TBN To Be Named / To Be Nominated TC Time Charter - Owners agree to hire a particular ship for a set length of time and provide technical management, crewing etc. TCP Time Charter Party TEU Standard 20' Container TOPSIDES The sides of a ship between the waterline and the deck; sometimes referring to onto or above the deck TRIM Fore and aft balance of a ship 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 WATERLINE A line painted on a hull which shows the point to which a ship sinks when it is properly trimmed WAY Movement of a ship through water such as headway, sternway or leeway WCCON Whether Customs Cleared Or Not WIBON Whether In Berth Or Not WIFPON Whether In Free Pratique Or Not WINDWARD Toward the direction from which the wind is coming WIPON Whether In Port Or Not WLTOHC Water Line-To-Hatch Coaming WOG Without Guarantee WP Weather Permitting. That time during which weather prevents working shall not count as laytime WPD Weather Permitting Day WWD Weather Working Day WRIC Wire Rods In Collis WWR When, Where Ready WWWW Wibon, Wccon, Wifpon, Wipon YAR York Antwerp Rules YAW To swing or steer off course, as when running with a quartering sea Z UTC = GMT Home | Company Profile | Major Project Review | Maritime Links | Flotsam & Jetsam Links Terms A-F | Terms G-Z | WWPC | Contact Chartering Terms & Definitions G-Z