Programs or instructions which are stored in readonly memory.

The amount of work done on or by a system is equal to the amount of energy transferred to or from the system.

Vessel contract where charterers take over all responsibility for the operation of the vessel and expenses for a certain period of time.

Abbreviation for "Government Bill of Lading."

To remain nearly alongside another vessel.

To wrap a small line around another.

A photometric unit of illuminance or illumination equal to one lumen per square meter

Sailing beyond a racing mark or buoy whereby you sail a greater distance

(GATT)A trade agreement between a large number of countries, dating back to 1948, which was set up to.

A strategy employed in a futures market to reduce risk.

Marine Gas Oil

Seaward, a safe distance from shore; To keep an offing is to keep a safe distance away from the coast because of navigational dangers, fog, or other hazards.

Pointed iron implement used in separating the strands of rope in splicing, marling, etc.

A solar water or space-heating system in which solar energy is collected, and/or moved by natural convection without using pumps or fans. Passive systems are typically integral collector/storage (ICS; or batch collectors) or thermosyphon systems. The majo ...

The ability of a non-water-soluble fluid to form an emulsion with water.

The process by which building societies and mutual insurers convert themselves from mutual.

The face value of currency, coins, and stocks and.

Life Saving Index (Coast Guard).

A windlass or capstan drum.

A term previously given to the shares of smaller companies traded far less frequently on the London.