More Or Less Charterer's Option (see MOLCO)

Always Within Institute Warranties Limits For insurance purpose: the ship should sail only within sea areas in which she is always insured. For instance the Bearing Sea is outside these limits, while he southern part of it is almost always free of ice. An ...

To reduce the number of days between the first of the laydays and the last.

American Maritime Congress.

Term in a charter party which stipulates that the ship must not be ordered to a port or berth where she would touch the bottom.

An extent of corrosion such that assessement or corrosion pattern indicates a wastage in excess of 75% of the allowable margins, but within the acceptable limits.

A region drawn on a chart to separate two lanes that have shipping vessels moving in opposite directions.

Small tank situated at the extreme after end of a ship.

Refers to the total weight of allowable lifting capacity of heavy cargo, together with the mass of the sub-hook (or fittings) under design working conditions. For the crane with variable-luffing, the safe working load is defined based on the luffing capac ...

Per Weather Working Day

Voyage charter party (Americanised Welsh Coal Carterparty), used for shipments of coal from United States.

Certificate issued by consular officials of some importing countries at the point or place of export when the subject goods are exported under bond.

(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 ...

Maximum breadth of a ship, measured from the insides of her plating.

1.Pilot On Board,2.Persons On Board

Always Accessible Always Afloat

Describing an anchor when it hangs by its ring at the cathead or from the hawsehole ready for letting go.

A fee charged to the ship by the ship's agent, representing payment for services while the ship was in port. Sometimes called attendance fee. AID - Agency for International Development.

H3E Radio transmission designatorTelephony using amplitude modulation: single-sideband, full carrier. (ALRS)

A line painted on the side of the vessel to which the vessel sinks when carrying its full load. The water line when a vessel is carrying its full load.