CHARTERING TERMS ABBREVIATIONS

 

 
  • AA = Always Afloat
  • AAAA  = Always Accessible Always Afloat
  • 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
  • AGW = All Going Well
  • AHL = Australian Hold Ladders
  • ANTHAM = Antwerp-Hamburg Range
  • APS = Arrival Pilot Station
  • ARAG = Amsterdam-Rotterdam--Antwerp-Ghent Range
  • A/S = Alongside
  • ATDNSHINC = Any Time Day or Night Sundays and Holidays Included
  • ATUTC = Actual Times Used to Count
  • BAF = Bunker Adjustment Factor.
  • BALLAST = Heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo.
  • BAREBOAT CHTR = Bareboat Charter Owners lease a specific ship and control its technical management and commercial operations only
  • BBB = Before Breaking Bulk
  • BDI = Both Dates Inclusive
  • BENDS = Both Ends (Load & Discharge Ports)
  • BI = Both Inclusive
  • BIMCO = The Baltic and International Maritime Council
  • BL (1) = Bale
  • BL (2) = (Bill of Lading) A document signed by the carrier which acts as a receipt and evidence of title to the cargo.
  • BM = Beam
  • BEAM = The maximum breadth of a ship
  • BOB = Bunker on Board
  • BOFFER = Best Offer
  • BROB = Bunkers Remaining on Board
  • BSS = Basis
  • BSS 1/1 = Basis 1 Port to 1 Port
  • BT = Berth Terms
  • BUNDLING = the assembly of pieces of cargo, secured into one manageable unit.
  • BUNKERS = Name given for vessels Fuel and Diesel Oil supplies
  • BWAD = Brackish Water Arrival Draft
  • CBM = Cubic Meter
  • CBFT (or CFT) = Cubic Feet
  • CFR (or C&F) = Cost and Freight
  • CHOPT = Charterers Option
  • CHTRS = Charterers
  • CIF = Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.
  • COA = Contract of Affreightment Owners agree to accept a cost per revenue ton for cargo carried on a specific number of voyages.
  • COACP = Contract of Affreightment Charter Party
  • COB = Close of Business
  • COD = Cash On Delivery
  • COGSA = Carriage of Goods by Sea Act
  • CONS = Consumption
  • COP = Custom Of Port
  • CP (or C/P) = Charter Party
  • CPD = Charterers Pay Dues
  • CPT = Carriage Paid To
  • CQD = Customary Quick Dispatch
  • CROB = Cargo Remaining on Board
  • CRN = Crane
  • CST = Centistoke
  • CTR = Container Fitted
  • DAPS = Days all Purposes (Total days for loading & discharging)
  • DDU = Delivered Duty unpaid.
  • DDP = Delivered Duty Paid.
  • DEM = Demurrage
  • DESP = Dispatch
  • DET = Detention
  • DHDATSBE = Dispatch Half Demurrage on Actual Time Saved
  • 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
  • DNRSAOCLONL = Discountless and Non-Returnable Ship and/or Cargo Lost or Not Lost
  • DRAFT = Depth to which a ship is immersed in water.
  • DRK = Derrick
  • DUNNAGE = Materials 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 forks of a lift truck may be inserted.
  • DWAT (or DWT) = Deadweight. Weight of cargo, stores and water, i.e. the difference between lightship and loaded displacement.
  • 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
  • FAS = Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading.
  • FD = Free of Dispatch
  • FDD = Freight Demurrage Deadfreight
  • FDIS = Free Discharge
  • FEU = Forty foot container equivalency unit 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 sea freight, but no loading/discharging costs, i.e.
  • FIOS = Free In/Out Stowed. As per FIO, but includes stowage costs.
  • FIOT = Free In/Out and Trimmed. As per FIOS but includes trimming the leveling of bulk cargoes
  • FIOSLSD = Free In/Out Stowed, Lashed, Secured and Dunnaged.
  • FIOST = Free In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage and trimming.
  • FIT = Free In Trimmed
  • FIW = Free In Wagon
  • FIXING = Chartering a Vessel
  • FLT = Full Liner Terms Shipowner pays to load and discharge the cargo
  • FMC = Federal Maritime Commission US government agency
  • FMS = Fathoms = 6 feet
  • FO (IFO) = Fuel Oil/Intermediate FO
  • FOB = Free on Board. Seller sees the goods "over the ship's 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 and receivers due to events beyond their control.
  • FOT = Free On Truck
  • FOW = First Open Water or Free On Whart
  • FREE OUT = Free of discharge costs to Owners
  • FWAD = Fresh Water Arrival Draft
  • FWDD = Fresh Water Departure Draft
  • FYG = For Your Guidance
  • FYI = For Your Information
  • GA = General Average
  • GLS = Gearless
  • GNCN = Gencon a standard BIMCO charter party form
  • GN (or GR) = Grain (capacity)
  • GO = Gas Oil
  • GRD = Geared
  • GRT = Gross Registered Tonnage
  • GSB = Good Safe Berth
  • GSP = GoodSafe Port
  • GTEE = Guarantee
  • 2H = Second Half
  • HA = Hatch
  • HDWTS = Half Dispatch Working Time Saved
  • HMS = Heavy Metal Scrap
  • HO = Hold
  • HW = High Water
  • IMDG = International Maritime Dangerous Goods Code
  • IMO = International Maritime Organization
  • IND = Indication
  • INTERMODAL = Carriage of a commodity by different modes of transport
  • ITF = International Transport Federation international body that regulates crewing of ships
  • IU = If Used
  • IUATUTC = If Used, Actual Time Used To Count
  • IUHATUTC = If Used, Half Actual Time Used To Count
  • IWL = Institute Warranty Limits
 
 
>> CHARTERING TERMS ABBREVIATIONS II

 

 

EUROPEAN SHIPPING

EURO-MARITIME

 

 
  

PRODUCTS & SERVICES


CATALOGUES
DOWNLOADS


 
  

MEDIA & ADVERTISING


ADVERTISE ON EURO.MARITIME
PHOTOS & GALLERY


            

HAMBURG
HAMBURGPORT
LANDUNGSBRUECKEN
PORT
STPAULI

                
             

                                                             

INFO & CONTACT 

SHIPPING VIDEOS

PARTNERSHIPS
 


 

 

                                     
 © 2024 EURO-MARITIME. All Rights Reserved


We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.