Azimuthing Stern Drive.

A Letter of Credit which includes a term bill of exchange in its required documentation. The bill will be accepted by the bank on which it is drawn, usually the issuing or advising bank, and the proceeds paid to the beneficiary at maturity.

(Cost and Freight) (...Named Port of Destination):A Term of Sale where the seller pays the costs and freight necessary to bring the goods to the named port of destination, Terms of Sale but the risk of loss of or damage to the goods, as (continued) well a ...

The date to which accounts are made up for a company. When a company is incorporated, it will.

Overseas Private Investment Corporation.

A line leading from forward on the ship and secured to a forward inboard thwart of the boat in such a way as to permit quick release.

(See CCS or CS)

Insurance which pays benefits in the event of an accident. Items typically covered are medical.

Small hatch in the fidley deck around the stack and uptakes. Generally closed by grating and steel covers.

Oil-Lubricated Stern Bearing, Continuous Liner on Tailshaft

A multipurpose ship that can carry ore, heavy dry bulk goods and oil. Although more expensive to build, they ultimately are more economical because they can make return journeys with cargo rather than empty as single-purpose ships often must.

Abbreviation for "Uniform Freight Classification."

Charterparty or Charter Party

International Aeronautical and Maritime Search and Rescue Manual

An appreciable reduction in corrosion by making a metal an anode and maintaining this highly polarized condition with very little current flow.

Quadruple Screw

Pipes made of heavy cast iron or steel through which the anchor chain runs; placed in the ship's bow on each side of the stem, or in some cases also at the stern when a stern anchor is used.

Eastern Dredging Association

Operations Control Centre (INMARSAT)

An organisation, usually a merchant bank, which accepts or guarantees bills of.