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- LANE METER = method of measuring the space capacity of Ro/Ro ships whereby each unit of space 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
- LAT = Latitude
- LOA = Length Overall of the vessel
- LOW = Last Open Water
- LS (or LUMPS) = Lumpsum
- LSD = Lashed Secured Dunnaged
- LT = Liner Terms
- LW = Low Water
- LYCN = Laycan (Layday Canceling Date)
- MB = Merchant Broker
- MDO (DO) = Marine Diesel Oil
- MIN/MAX = Minimum/Maximum (cargo quantity)
- MOLCHOPT = More or Less Charterers Option
- MOLOO = More or Less Owners Option
- MT = Metric Ton (i.e. 1,000 kilos / 2204.6lbs)
- M/V = Motor Vessel
- NAABSA = Not Always Afloat But Safely Aground
- 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.
- NOR = Notice of Readiness
- NRT = Net Registered Tonnage
- NYPE = New York Produce Exchange
- MB = Merchant Broker
- MDO (DO) = Marine Diesel Oil
- MIN/MAX = Minimum/Maximum (cargo quantity)
- MOLCHOPT = More or Less Charterers Option
- MOLOO = More or Less Owners Option
- MT = Metric Ton (i.e. 1,000 kilos / 2204.6lbs)
- M/V = Motor Vessel
- OO = Owners Option
- OSH = Open Shelter Deck
- OWS = Owners
- PASTUS = Past Us
- PC = Period of Charter
- PCGO = Part Cargo
- PCT = Percent
- PDPR = Per Day Pro Rata
- PERDIEM = Per Diem = By the Day
- PHPD = Per Hatch Per Day
- PRATIQUE = License or permission to use a port
- RCVR = Receivers
- ROB = Remaining On Board
- RT = Revenue Ton (i.e. 1.0 metric Ton or 1.0 cubic meter, whichever is greater)
- 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 any haulage or loading/discharging costs but the sea transport only.
- SELFD = Self Discharging
- SF = Stowage factor. Cubic space occupied by one ton (2,240 lbs/1,000 kgs) of cargo.
- SHINC = Sundays/Holidays Included
- SHEX = Sundays/Holidays Excluded
- SKIDS = Are bearers (timber or steel) positioned under cargo to enable fork lift handling at port, and for ease of rigging and lashing on board ship
- SL = Bale (capacity)
- SOC = Shipper Owned Container
- SOF = Statement Of Facts
- SP = Safe Port
- SRBL = Signing and Releasing Bill of Lading
- SSHEX (or SATSHEX) = Saturdays, Sundays, Holidays Excluded
- SSHINC = Saturdays, Sundays, Holidays Included
- (or SATSHINC)
- STABILITY = It is paramount that a vessel is stable in all respects at all times.
- STARBOARD = Right side of a ship when facing the bow
- STEM = Subject To Enough Merchandise (Availability of Cargo)
- STERN = The aft part of a ship
- SUB = Subject (to)
- SUPERCARGO = Person employed to supervise cargo handling operations. Often called a port captain.
- SWAD = Salt Water Arrival Draft
- SWDD = Salt Water Departure Draft
- TC = Time Charter Owners agree to hire a particular ship for a set length of time
- TEU = Twenty Foot Equivalency Unit Standard 20' Container
- TTL = Total
- TW = Tween Decker
- USC = Unless Sooner Commenced
- UU = Unless Used
- UUIUATUTC = Unless Used If Used Actual Time Used To Count
- VPD = Vessel Pays Dues
- WCCON = Whether Customs Cleared Or Not
- WIBON = Whether In Berth Or Not
- WIFPON = Whether In Free Pratique or not
- WIPON = Whether In Port Or Not
- WLTOHC (distance) Water Line-To-Hatch Coaming
- WOG = Without Guarantee
- WPD = Weather Permitting Day
- WWD = Weather Working Day
- WRIC = Wire Rods In Coils
- WWR = When, Where Ready
- WWWW = Wibon, Wccon, Wifpon, Wipon
- YAR = York Antwerp Rules
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