1,728 cubic inches. A volume contained in a space measuring one foot high, one foot wide and one foot long.

A keel that runs the length of the boat.

The power which is theoretically required to compress a gas under constant entropy from a given inlet pressure to a given discharge pressure. (calculated assuming ideal conditions).

Term used in a voyage charter party, e.g. vessel shall proceed to Berth 2 at Falmouth.

A bond which gives capital growth at.

A large solid post on a wharf or pier for securing mooring lines; the same when constructed on the deck of a ship.

Ice in an area containing several small pieces of floating ice, but with total water area exceeding total area of ice.

Metal or plastic pieces attached to a sail's luff that slide in a mast track to allow easy hoisting of the sail.

A certificate issued by an independent agent or firm attesting to the quality and/or quantity of the merchandise being shipped. Such a certificate is usually required in a letter of credit for commodity shipments.

On a square-rigged ship, a small triangular sail set above the skysail in fair weather. A square version is called a Moonraker.

An arrangement of photovoltaic cells or material mounted on a rigid flat surface with the cells exposed freely to incoming sunlight.

A commmon term refering to an electricity transmission and distribution system.

A type of furnace in which fuel is burned and the heat is used to produce steam.

Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.

Costs that do not vary with the level of activity. Some fixed costs continue even if no cargo is carried. Terminal leases, rent and property taxes are fixed costs.

A legal term given to an investor whose experience is such that members of the FSA are entitled to.

Millions of cubic feet per 24 hour.

A written agreement between the master of a ship and the crew concerning their employment. It includes rates of pay and capacity of each crewman, the date of commencement of the voyage and its duration.

Occurs whenever the system undergoes either a change in state or an energy transfer at a steady stare.

Sailing term used to indicate a sailing vessel underway with no headsails set.