Chartering TermsRSS

Chartering Terms

SPA

Special Protection Area

SPI

Ship-port interface, IMO

An iron pin upon which the capstan moves. Also, a piece of timber forming the diameter of a made mast. Also, any long pin or bar upon which anything revolves.

SRT

Sinclair Roche & Temperley. Law firm located in London, Hong Kong, Shangai, Bucharest: ownership of shipping companies, chartering, carriage of goods, financing, insurance.

Special area of conservation Samsurface to air missile

Sunday, Saturday and Holidays Excluded. Method of calculating the Lay days. These days are not counted.

Seafarer's Training, Certification and Watchkeeping Code 95

Readiness of cargo.

A piece of compass-timber, fixed on the after part of the apron inside. The lower end is scarfed into the keelson, and receives the scarf of the stem, through which it is bolted.

STW

Stow (In SCRAP STW ABT 54').Stowage factor often expressed in cubic feet per ton.(Here 54 cubic feet per ton)

SW

Salt Water. In reference to the water supporting the ship, meaning Sea Water. Usually the density of Salt Water is 1.025, but can vary from 1.023 up to 1.030 or even 1.033 in place like the Bitter Lakes in the Suez Canal.

T

Tango T = signal letter and flag. Morse = ( - )Flag= Red, white, blue vertical stripes.When hoisted singly from a ship it means : "Do not pass ahead of me."

Time Charter. Hire of a vessel by a "Charterer" who trade the vessel for a fixed period. The shipowner still manage the vessel, but the Charterer pays for the fuel and the port costs.

(Carriage Paid To) (...Named Place of Destination):A Term of Sale which means the seller pays the freight for the carriage of the goods to the named destination. The risk of loss of or damage to the goods, as well as any additional costs due to events occ ...

TF

Tropical Fresh load line

Thees & Hartlepool Port Authority UK port agency.

Ton Per Centimer/Inch. Number of metric tons necessary to increase the draft by one centimer/inch when the ship is loaded near the Summer Draft.

TQM

Total Quality Management

U

Uniform - U = signal letter and flag. Morse = ( . . - )Flag= Two white and two red square.When hoisted singly from a ship it means : "You are facing immediate danger."

Ultra Large Crude Carrier. Large tanker with a deadweight above 300000 tons deadweight