| * Built under survey |
| * LMC Machinery conforms with rules |
| 100 Suitable for seagoing service. |
| 1SS Technical condition of ship’s hull corresponding to the condition of hull structures at the time of the first Special Survey, i.e. after 5-year service from the construction date, as stipulated in the normative documents of the Russian Maritime Register of Shipping. |
| 2SS Technical condition of ship’s hull corresponding to the condition of hull structures at the time of the second Special Survey, i.e. after 10-year service from the construction date, as stipulated in the normative documents of the Russian Maritime Register of Shipping. |
| 3SS Technical condition of ship’s hull corresponding to the condition of hull structures at the time of the third Special Survey, i.e. after 15-year service from the construction date, as stipulated in the normative documents of the Russian Maritime Register of Shipping. |
| A Conforms with society Rules and maintained in good condition |
| A/E Auxillary engine |
| ABS American Bureau Of shipping.Us Classification society founded 1n 1862 |
| ADA all details about |
| AHT Anchor handling tug |
| AHTS Anchor handling tug supply vessel |
| APPENDIX A Materıals which may lıquefy and which,if shipped wet may shift transversely during the voyage due to effects of moisture migration |
| APPENDIX B Materials possessing chemical hazards and which could give rise to a dangerous situation on board ship. |
| APPENDIX C Bulk materials which are neither liable to liquefy(Appendix A)nor to posses chemical hazards(Appendix B). |
| AS IS In condition in which the subject matter is. |
| ASD AZIMUTH STERN DRIVE : A particular group of propellers that are able to rotate 360 degrees. Being located at the stern of the vessel, these propellers serve as a steering mechanism, so no separate rudder is required. |
| AUSTRALIAN LADDER A ladder made up of a set of stairs broken up at regular intervals by landings or platforms. Commonly used on ships to ascend from or descend to the bottom of a hold from the deck |
| BALE CAPACITY Cubic capacity of a vessels holds to carry packaged dry cargo such as bales/pallets. |
| BALLAST Heavy substances loaded by a vessel to improve stability, trimming, sea-keeping and to increase the immersion at the propeller. Sea water ballast is commonly' loaded in most vessels in ballast tanks, positioned in compartments right at the bottom and in some cases on the sides, called wing tanks. On a tanker, ballast is seawater that is taken into the cargo tanks to submerge the vessel to a proper trim. |
| BARE BOAT CHARTER A charter in which the bare ship is chartered without crew; the charterer, for a stipulated sum taking over the vessel for a stated period of time, with a minimum of restrictions; the charterer appoints the master and the crew and pays all running expenses. See Demise Charter. |
| BARGE Flat-bottomed boat designed to carry cargo on inland waterways,usually without engines or crew accommodations. Barges can be lashed together and either pushed or pulled by tugs, carrying cargo of 60,000 tons or more. Small barges for carrying cargo between ship and shore are known as lighters. |
| BBB Before breaking bulk. Refers to freight payments that must be received before discharge of a vessel commences. |
| BC - BULK CARRIER Ship specifically designed to transport vast amounts of cargoes such as sugar, grain,coal,ore |
| BCI Baltic Capesize Index - a daily benchmark index published by the Baltic calculated from the weighted average weights on major routes, both voyage and time charter, as assessed by a panel of shipbrokers. |
| BDI Baltic Dry Index - the Baltic Exchange's general dry freight market indicator - an average of the BCI, BHMI, BPI. |
| BEAM The width of a ship. Also called breadth |
| BHI Baltic Handy Index - ceased publication in December 2000 and replaced by Baltic Handymax Index. |
| BHMI Baltic Handymax Index - a daily benchmark index published by the Baltic calculated from the weighted average weights on major timecharter routes, as assessed by a panel of shipbrokers. Based on a 45,496 mt bulk carrier. |
| BHP Brake horse power The maximum rate at which an engine can do work as measured by the resistance of an applied brake. Expressed in horsepower. |
| BILL OF SALE A document issued under seal which,once executed,transfers ownership of a vessel from seller to purchaser. |
| BLT Built |
| BOW THRUSTER A propeller at the lower sea-covered part of the bow of the ship which turns at right angles to the fore-and-aft line and thus provides transverse thrust as a maneuvering aid. |
| BREADTH See Beam |
| BREAKBULK VESSEL A general, multipurpose, cargo ship that carriers cargoes of nonuniform sizes, often on pallets, resulting in labor-intensive loading and unloading; calls at various ports to pick up different kinds of cargoes. |
| BROKERAGE Percentage of freight or hire payable to broker (by owners in c/p's) or applicable to sale or purchase. |
| BSI Baltic Supramax Index - a daily benchmark index published by the Baltic calculated from the weighted average weights on major timecharter routes, as assessed by a panel of shipbrokers. Based on a 52,454 mt bulk carrier. |
| BUNKERS Fuel consumed by the engines of a ship; compartments or tanks in a ship for fuel storage. |
| BV Brueau veritas classification society |
| CAPESIZE A vessel too large to pass through the Suez Canal |
| CBM Cubic metres |
| CCS China classification society |
| CFT Cubic feet |
| CLASSIFICATION SOCIETY A company which arranges inspections and advises on the hull and machinery of a ship. Classification societies supervise vessels during their construction and afterward, in respect to their seaworthiness. |
| CLEAN SHIP Refers to tankers which have their cargo tanks free of traces of dark persistent oils which remain after carrying crudes and heavy fuel oils. |
| CONTAINER SHIP Vessel carrying general cargo including high-value cargo in containers (boxes) some of which may be refrigerated. |
| CRUDE OIL WASHING (COW) A technique of cleaning tanks in oil tankers. |
| CSR A Continuous Synopsis Record is intended to provide an on-board record of the history of the ship. For ships constructed before 1 July 2004, the CSR shall, at least, provide the ship's history as from 1 July 2004. |
| CUBIC CAPACITY The most important commercial measurement when the intrinsic weight of the cargo is so low that the ship becomes full without being loaded to the cargo line. Is expressed in cubic metres or cubic feet. |
| DD - DRY DOCK An enclosed basin into which a ship is taken for underwater cleaning and repairing. It is fitted with water tight entrance gates which when closed permit the dock to be pumped dry. |
| DEADWEIGHT/DWAT/DWCC A common measure of ship carrying capacity. The number of tons (2240 lbs.) of cargo, stores and bunkers that a vessel can transport. It is the difference between the number of tons of water a vessel displaces |
| DELETION CERTIFICATE A Certficate showing cancellation of registry from that last country of registry |
| DEPTH MOULDED Vertical distance from the keel to the uppermost deck, taken inside the ship/s plating |
| DERRIC - DRK Lifting equipment on board a conventional vessel for loading and discharging cargo, consisting of a post attached to the deck and an inclined spar.
DISPLACEMENT TONNAGE |
| DOUBLE HULL ( Double Skin) A vessel with double hull has both an inner and an outer hull. This is a safety feature should the vessel collide or run aground. The outer hull provides some protection for cargo and bunker tanks, thereby reducing the chances of environmental pollution from cargo and bunker spills. Most modern tankers have double hulls. Synonym |
| DRAFT (DFT) The depth of a ship in the water. The vertical distance between the waterline and the keel, in the U.S. expressed in feet, elsewhere in meters. |
| DRY CARGO SHIP Vessel which carriers all merchandise, excluding liquid in bulk |
| EX Previous |
| FEEDER A grain container or reservoir constructed around the hatchway between two decks of a ship which when filled with grain automatically feeds or fills in the vacant areas in the lower holds. |
| FEU Forty Foot Equivalent Units (Containers). |
| FIFI Fire Fighting Equipment |
| FLAG STATE The country where a particular vessel is registered. |
| FLAGS OF CONVENIENCE Denotes registration of vessels in foreign nations that offer favourable tax structures and regulations; also the flag representing the nation under whose jurisdiction a ship is registered. Ships are always registered under the laws of one nation but are not always required to establish their home location in that country. |
| FLUSH DECK A deck whose top side is flush |
| FO Fuel oil / free out |
| FOLDING HATCH COVER Type of hatch cover which consists of several panels hinged together |
| GENERAL CARGO A non-bulk oil cargo composed of miscellaneous goods. |
| GL Germanischer lloyd -German classification society |
| GLESS -GEARLESS Ship without derric or crane |
| GMDSS The global maritime distress and safety system |
| GRAIN and BALE CAPACITY G /B Cubic capacity in |
| GRAIN FITTED A ship carrying grain shall comply with the requirements of the International Grain Code
and has on board a document of authorization as required by the International Grain Code. Document of authorization shall be issued by the Certifying Authority |
| GROSS AND NET TONNAGE (GT and NT) Gross tonnage is the basis on which manning rules and safety regulations are applied, and registration fees are reckoned. Port fees are also often reckoned on the basis of GT and NT. GT and NT are defined according to formulas which take account, among other things, of the volume of the vessel's enclosed spaces (GT) and the volume of its holds (NT). |
| HANDYMAX Dry cargo vessel about 35.000 – 50.000 dwt |
| HANDYSIZE Dry cargo vessel - about 20.000 – 35.000 dwt |
| HATCH An opening, generally rectangular, in a ship's deck affording access into the compartment below. |
| HO / HA Hold - hatch |
| HOLD A general name for the spaces below the main deck designated for stowage of general cargo. A hold on a tanker is usually just forward of #1 cargo tank. Some newer tankers have no hold. |
| HR Hellenic register of shipping |
| HULL Shell or body of a ship. |
| IACS International Association of Classification Societies |
| IBC Code International Bulk Chemical Code. A code that is part of the International Convention for the Safety of Life at Sea (SOLAS). It gives standards for the safe transportation of bulk chemicals by sea. |
| IFO Intermediate Fuel Oil. IFO 180 -- Intermediate Fuel Oil, 180 Centistoke. IFO 380 -- Intermediate Fuel Oil, 380 Centistoke |
| IMDG International Maritime Dangerous Goods Code. |
| IMO International Maritime Organization - established in 1958 through the United Nations to coordinate international maritime safety and related practices. |
| IMO I – II - III Quality grades for tankers for the permission to transport different chemical and oil products. IMO I are the most hazardous products, IMO III the least hazardous. |
| INERT GAS SYSTEM A system of preventing any explosion in the cargo tanks of a tanker by replacing the cargo, as it is pumped out, by an inert gas, often the exhaust of the ship's engine. Gas-freeing must be carried out subsequently if worker have to enter the empty tanks. |
| ISPS International Ship and Port Facility Security Code. Developed in response to the perceived threats to ships and port facilities . |
| ITF International Transport Workers Federation (Trade Unions) |
| KM(*) Character letters and distinguishing mark assigned to the ship or the floating facility which was constructed in accordance with the Rules and under the supervision of Russian Maritime Register of Shipping |
| KNOT Unit of speed in navigation which is the rate of nautical mile (6,080 feet or 1,852 meters) per hour. |
| KR Korean register of shipping |
| KVA This is the voltage-ampere requirement of a device designed to convert electric energy to a non-electrical form |
| L/T Long tons (2,240 lbs.). |
| L1 Ice strengthening notation of the ship (independent navigation in the Arctic in summer in broken open ice and in the non-arctic freezing seas all the year round in light ice conditions |
| LAID-UP TONNAGE Ships not in active service; a ship which is out of commission for fitting out, awaiting better markets, needing work for classification, etc. |
| LAKER Type of ship which trades only in the Great Lakes of North America. |
| LANE METER A unit of deck area for roll on roll off ships cargo vessels designed so that containers or other cargo can be rolled on and off the decks of the ship. A lane is a strip of deck 2 meters wide. A lane meter is an area of deck one lane wide and one meter long, that is, 2 square meters |
| LBP Length Between Perpendiculars.The length of the vessel measured between the forward part of the stern to the after part of the rudder post |
| LESSEE A lessee is a legal entity or an individual, who for a fixed period of time and for a fee acquires the right of use of a particular object. |
| LESSOR The lessor is the owner, who for a fixed period of time lets the right of use of a particular object to another person for an agreed-upon financial equivalent |
| LIGHT DISPLACEMENT TONNAGE The weight of a ship's hull, machinery, equipment and spares. This is often the basis on which ships are paid for when purchased for scrapping. The difference between the loaded displacement and light displacement is the ship's deadweight. |
| LIGHTER General name for a broad, flat-bottomed boat used in transporting cargo between a vessel and the shore. |
| LINER A cargo-carrying ship which is operated between scheduled, advertised ports of loading and discharge on a regular basis. |
| LOA Length overall. The overall length of a vessel from the foremost to the aftermost part |
| LPG Liquefied Petroleum Gas, or a carrier of LPG. |
| LT Long Ton = 1016.05 kilogram |
| M/E Main engine |
| M/T Metric tons (2,250 lbs.). / Motor tanker |
| M/V Motor vessel |
| MARPOL 73/78 The International Convention for the Prevention of Pollution from Ships, 1973, as modified by the Protocol of 1978. |
| MCGR Mac gregor type hatch cover |
| MDO Marine diesel oil |
| MOA Memorandum of agreement ,A contract specifiying the terms and conditions covering the sale and purchase of a merchant ship. |
| MULTIPURPOSE SHIP Any ship capable of carrying different types of cargo which require different methods of handling. There are several types of ships falling into this category, for example, ships which can carry roll on/roll off cargo together with containers. |
| N/B New building |
| NEOBULK Shipments consisting entirely of units of a single commodity, such as cars, lumber, or scrap metal. |
| NET TONNAGE Equals gross tonnage minus deductions for space occupied by crew accommodations, machinery, navigation equipment and bunkers.It represents space available for cargo (and passengers). Canal tolls are based on net (registered) tonnage. |
| NRT Net registered tons. This tonnage is frequently shown on ship registration papers; it represents the volumetric area available for cargo at 100 cubic feet = 1 ton. It often is used by port and canal authorities as a basis for charges. |
| O.S.P. One Safe Port |
| O/R Outright |
| OBO SHIP A multipurpose ship that can carry ore, heavy dry bulk goods and oil. |
| OIL TANKER A ship designed for the carriage of oil in bulk, her cargo space consisting of several or many tanks. |
| OPEN HATCH Open hatch vessel in which the hatches extend the full reach of the holds (no overhang). |
| OPEN REGISTRY A term used in place of |
| P & I Protection and indemnity insurance |
| PANAMAX A vessel designed to be just small enough to transit the Panama Canal |
| PANTOON COVERS Type of hatch cover,Panel type |
| PIGGY-BACK HATCH COVER Arrangement of weather deck hatch covers whereby one panel of a two panel hatchcover is stowed on top of the other when opened hydraulicaly operated. One panel is raised vertically and the second panel slides underneath it.Both panel are then rolled to the side on the end of the hatchway depending on the design of the ship.This type of hatch cover found on bulk carriers and multipurpose ships |
| PORT STATES Port States which have authority under conventions to check that foreign ships visiting their ports comply with IMO requirements |
| POST-PANAMAX A vessel to wide to pass through the Panama Canal. |
| PRODUCT CARRIER A tanker which is generally below 70,000 deadweight tons and used to carry refined oil products from the refinery to the consumer. In many cases, four different grades of oil can be handled simultaneously. |
| PSPC Performance Standard for Protective Coatings (PSPC)
New PSPC regulations adopted late last year by the International Maritime Organization (IMO).
which mandate compliance with the new IMO |
| PSV Plattform Supply Vessel |
| RECAP Recapitulation of the terms and conditions agreed |
| REEFER Refrigerator ship; a vessel designed to carry goods requiring refrigeration, such as meat and fruit. A reefer ship has insulated holds into which cold air is passed at the temperature appropriate to the goods being carried. |
| RO/RO SHIP Freight ship or ferry with facilities for vehicles to drive on and off (roll-on roll-off); a system of loading and discharging a ship whereby the cargo is driven on and off on ramps. Equipped with large openings at bow and stern and sometimes also in the side, the ship permits rapid loading and discharge with hydraulically operated ramps providing easy access. Fully loaded trucks or trailers carrying containers are accommodated on the deck. |
| SALE & LEASE BACK In a sale & lease back transaction, an already existing asset is sold to LESSOR and is then leased back. By doing so, the company’s liquidity is being increased and hidden reserves, if any, can be made use of. |
| SBT Segregated Ballast Tanks. Tanks that are only used for ballast with independent pumping and piping systems |
| Sea Area A1 Sea Area A1 Basically VHF
|
| Sea Area A2 Basically MF areas. |
| Sea Area A3 Ocean areas within INMARSAT coverage. Below 70 degrees N Latitude and above 70 degrees S Latitude. Most ships will operate in Sea Area A3. |
| Sea Area A4 Out of INMARSAT coverage area. Above 70 degrees N Latitude and below 70 degrees S Latitude. These ships must be equipped with an HF DSC installation. |
| SELF-SUSTAINING SHIP A containership which has her own crane for loading and discharging shipping containers enabling the ship to serve ports which do not have suitable lifting equipment. |
| SELF-TRIMMING SHIP A ship whose holds are shaped in such a way that the cargo levels itself. |
| SELF-UNLOADER A bulk carrier which is equipped with gear for unloading cargo |
| SHORT TON 907.18 kg |
| SID SD Single decker |
| SOLAS International conventions concerned with Safety of Life at Sea. |
| SPOT (VOYAGE) A charter for a particular vessel to move a single cargo between specified loading port(s) and discharge port(s) in the immediate future. Contract rate ( |
| SS Special survey |
| SSW Summer Salt Water, maximum allowable immersion in summer saltwater conditions. |
| STORE A general term for provisions, materials and supplies used aboard ship for the maintenance of the crew, and for the navigation, propulsion and upkeep of the vessel and its equipment. |
| SUEZMAX Tanker about 120/200,000 dwt |
| SUPRAMAX dry cargo vessel 52,000 dwt |
| T/C Time charter |
| TBN To be named/to be nominated |
| TEU Twenty Foot Equivalent Unit (containers) |
| TL Turkish lloyd |
| TOWAGE Charges for the services of tugs assisting a ship or other vessels in ports or other locations; the act of towing a ship or other objects from one place to another. |
| TRADING LIMITS Maritime area usually specified by range of ports in which a vessel may operate |
| TWEENDECKER T/D - A vessel of two or more decks for the carriage of general cargo including bagged and/or mixed general cargoes and containers. Most tweendeckers are also suitable for bulk cargoes. |
| ULCC Ultra Large Crude Carrier. Tanker larger than 300,000 dwt |
| UMS Unmanned machinery spaces. |
| VALUATION CERTIFICATE A document testifiying to a broker's opinion of the market worth of a vessel. |
| VLCC Very Large Crude Carriers |
| WOG Without guarantee |
