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A negotiable instrument is any document, which permits one party to transfer their rights to a second party by endorsing and delivering the document to the second party. An instrument is only fully negotible when the party transferring it receives value a ...

Category:Financial Terms

(Delivered Duty Unpaid) (...Named Port of Destination):A Term of Sale where the seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the costs and risks ...

Category:Sea Words

Ports in order of calling

Category:Sea Words

WBT

Water Ballast Tank

Category:Abbreviations

An atmospheric phenomenon, other than clouds, which obscures a portion of the sky from the point of observation. Also called obscuration.

Category:Meteorology

A metal rod placed in a water heater tank to protect the tank from corrosion. Anodes of aluminum, magnesium, or zinc are the more frequently metals. The anode creates a galvanic cell in which magnesium or zinc will be corroded more quickly than the metal ...

Category:Energy Terms

BCS

Bangladesh Coasting Service.

Category:Abbreviations

ADF

Automatic Direction Finder

Category:Abbreviations

Half Dispatch Working Time Saved

Category:Abbreviations

Any direction between the beam and the stern, more behind a vessel than in front of it. Behind a perpendicular line extending out from the middle of the boat

Category:Sea Words

Directly ahead on the extension of the ship's fore and aft line.

Category:Sea Words

VCF

Volume Correction Factor

Category:Abbreviations

All spaces containing propulsion machinery, boilers, oil fuel units, steam and internal combustion engines, generators and major electrical machinery, oil filling stations, refrigerating, stabilizing, ventilation and air-conditioning machinery and similar ...

Category:Directory

Global Maritime Distress and Safety System.Mainly a radio communication system which will take advantage of latest technology to enhance safety and allow the ships to sail without radio officer. Implemented since 1992, it should be fully operational by 1 ...

Category:Abbreviations

BWT

(Vessel) To Be Used As Breakwater

Category:Abbreviations

Time based on Greenwich Mean Time.

Category:Sea Words

Strengthening on the two top corners of shipping containers.

Category:Technical Terms

AFT

At or towards the stern or rear of a ship. In, near,or toward the stern of vessel.

Category:Abbreviations

Voyage charter party used for shipments of iron ore.

FWD

Forward

Category:Abbreviations