The Table Below, While Not Includes Many Terms Commonly Used By Shipbrokers And Others Involved In Ship Chartering, Mainly To Save Time And Effort In Communications.

 

   

Term

Meaning

Term

Meaning

AA

Always Afloat

GSP

Good And Safe Port

ABT

About

C/P

Charter Party

L/C

Letter Of Credit

T/C

Time Charter

APS

Arrival Pilot Station

IWL

Institute Warranty Limits

B/Ls Or Bs/L

Bills Of Lading

SWL

Safe Working Load

BBB

Before Breaking Bulk

LO/LO

Lift-On/Lift-Off

BENDS

Both Ends (Load And Discharge Ports)

Liner

Terms

Carrier Arranges/Pays For Cargo-Handling At Load And Discharge Ports As Well As Carriage

BWAD

Brackish Water Arrival Draft

AG

Arabian Gulf

CD

Customary Despatch

LWOST

Low Water, Ordinary Spring Tides

CFR

Cost And Freight

MHWN

Mean High Water Neaps

CHOPT

Charterers’ Option

MHWS

Mean High Water Springs

CIF

Cost, Insurance And Freight

MLWN

Mean Low Water Neaps

COA

Contract Of Affreightment

MLWS

Mean Low Water Springs

COMBO

Combination Port

MOL

More Or Less

CONT

Continent

MOLCO

More Or Less At Charterers’ Option

COP

Custom Of Port

MOLOO

More Or Less At Owners’ Option

CQD

Customary Quick Despatch

MT

Metric Tonne (1 MT = 1000kg = 0.9842LT)

CVS

Consecutive Voyages

NAABSA

Not Always Afloat But Safe Aground

DELY

Delivery

NOR

Notice Of Readiness

DFD

Demurrage/Free Despatch

NVOC(C)

Non-Vessel-Owning (Common) Carrier

DHD

Demurrage/Half Despatch

PPT

Prompt (Cargo Or Ship Available Promptly)

DOP

Dropping Outward Pilot

RO/RO

Roll-On/Roll-Off

DWAT

Deadweight All Told

ROB

Remaining On Board

DWCC

Deadweight Cargo Capacity

SWAD

Salt Water Arrival Draft

EIU

Even If Used

FWAD

Fresh Water Arrival Draft

ETA

Estimated/Expected Time Of Arrival

SA

Safe Anchorage

ETC

Estimated/Expected Time Of completion

FHEX

Fridays And Holidays Excepted

ETD

Estimated/Expected Time Of Departure

FHINC

Fridays And Holidays Included

ETS

Estimated/Expected Time Of Sailing

SC

Scale

FAC

Fast As Can

SCALE LOAD

Load Rate According To C/P Scale

FAS

Free Alongside

SHEX

Sundays And Holidays Excluded

FCL

Full Container Load

SHINC

Sundays And Holidays Included

FDESP

Free Of Despatch

FHEX

Fridays And Holidays Excepted

SB

Safe Berth

LCL

Less Than Container Load

FILO

Free In, Liner Out

Spot

Cargo Or Ship Available Immediately

FIO

Free In And Out

Stem

Readiness Of Cargo

FIOS

Free In, Out And Stowed

SP

Safe Port

FIOSPT

Free In, Out And Spout-Trimmed

WWD

Weather Working day

FIOST

Free In, Out, Stowed And Trimmed

FIOT

Free In, Out And Trimmed

FIT

Free In And Trimmed

W/M

Weight Or Measure

FLT

Full Liner Terms

WCCON

Whether Customs Cleared Or Not

FOB

Free On Board

WIBON

Whether In Berth Or Not

FOQ

Free On Quay

WIFPON

Whether In Free Pratique Or Not

FOW

Free On Wharf

WIPON

Whether In Port Or Not

FP

Free Pratique

WP

Weather Permitting

FEAST

Far East

FEAST

Far East