CUSTOMARY TERMINOLOGY AND ABBEVIATIONS

APS BB BBB BWAD C&F CD CHOPOT CIF COA CQP CVS : ARIVAL PILOT STATION : BELOW BRIDGES : BEFORE BREAKING BULK : BRACKISH WATER ARRIVAL DRAFT : COST AND FREIGHT : CUSTOMARY DESPATCH : CHARTERERS OPTION:MAY REFER, FOR EXAMPLE NUMBER OF PORTS : COST, INSURANCE AND FREIGHT : CONTRACT OF AFFFREIGHTMENT : CUSTOMARY QUICK DESPATCH : CONSECUTIVE VOYAGES

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD) DFD DHD DOP DWAT DWCC EIU ETA ETD ETS FAC FAS FCL : DEMURRAGE/FREE DESPATCH : DEMURRAGE/HALF DESPATCH : DROPPING OUTWARD PILOT : DEADWEIGHT ALL TOLD : DEAD WEIGHT CARGO CAPACITY : EVEN IF USED : ESTIMATED OR EXPECTED TIME OF ARRIVAL : ESTIMATED OR EXPECTED TIME OF DEPARTURE : ESTIMATED OR EXPECTED OF SAILING : FAST AS CAN : FREE ALONGSIDE, OR FREE ALONGSIDE SHIP : FREE CONTAINER LOAD

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD) FIO FIOS FIOST FIOST FHEX FHINC FHINC FOB FOQ FOW FP FWD : FREE IN AND OUT : FREE IN, OUT AND STOWED : FREE IN, OUT, STOWED AND TRIMMED : FREE IN, OUT AND SPOUT TRIMMED : FRIDAYS AND HOLIDAYS EXCEPTED : FRIDAYS AND HOLIDAYS EXCEPTED : FRIDAYS AND HOLIDAYS INCLUDED : FREE ON BOARD : FREE ON QUAY : FREE ON WHARF : FREE OF PRATIQUE : FRESH WATER ARRIVAL DRAFT

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD) GROSS TERMS HAT HWOST IWL LAT L/C LCL LINER LO/LO LT EWOST : : : HIGHEST ASTRONOMICC TIDE : HIGH WATER ON ORDINARY SPRING TIDES : INSTITUTE WARRANTLY LIMIT : LOWEST ASTRONOMIC TIDE : LETTER OF CREDIT OR LAYDAYS /CANCELLING : LESS THAN FULL CONTAINER LOAD : GROSS TERMS : LIFT ON/LIFT OFF : LONG TON : LOW WATER ON ORDINARY SPRING TIDES

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD) MHWS : MEAN HIGH WATER SPRING MLWS : MEAN LOW WATER SPRING MHWN : MEAN HIGH WATER NEAPS MLWN : MEAN LOW WATER NEAPS MIN/MAX : MINIMUM/MAXIMUM MOL : MORE OR LES MOLCO : MORE OR LESS CHARTERERS OPTION (OR) MORE OR LESS OWNERS OPTION MT : METRIC TONNE NAABSA : NOT ALWAYS AFLOAT BUT SAFELY AGROUND NAABSA : NOT ALWAYS AFLOAT BUT SAFELY AGROUND NEAP TIDES: THE OPPOSITE TO SPRING TIDES NETT TERMS: OPPOSITE TO GROSS TERMS

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD) PPT : PROMPT ROB : REMAINING ON BOARD RO/RO : ROLL ON/ROLL OF SA : SAFE ANCHORAGE SB : SAFE BERTH SHEX : SUNDAYS AND HOLIDAYS EXCEPTED SHINC : SUNDAYS AND HOLIDAYS INCLUDED SOUS PALAN: UNDER HOOK SR SPOT : THE HEIGHT OF A TIDE VARIES STEM : REFERS TO THE READINESS ORF CARGO AND IS VESSEL SWL : SAFE WORKING LOAD SWAD : SALT WATER ARRIVAL DRAFT

CUSTOMARY TERMINOLOGY AND ABBEVIATIONS (CONTD)

T/C TIP WIBON TIP WP WW WW READY

: TIME CHARTER : TAKING INWARD FILOT : WHETHER IN BERTH OR NOT : WEIGHT OR MEASURE : WEATHER PERMITTING : WEATHER WORKING : READY WHEN AND WHERE READY : POSITION WHERE A VESSEL WILL BE HANDED OVER TO BUYERS OR WILL BE DELIVERED ON TO/REDELIVERED OFF TIME CHARTER