A phrase often included in charter parties and freight contracts referring to local rules and practices which may impact upon the costs borne by the various parties.

The yield on a security before the deduction of tax. Yield is a measure of the return on an.

A line running from near the top of the mast, used to hold the spinnaker pole in place.

The highest temperature at which well-defined liquid and vapor states exist.

A solar photovoltaic device that produces a specified power output under defined test conditions, usually composed of groups of solar cells connected in series, in parallel, or in series-parallel combinations.

A situation in futures trading where the future delivery price is greater than the cash or nearby.

A legal paper or license of a boat or its captain.

The shape or design of a sail.

Nickname for a dinghy

To take the opposite tack when sailing to windward with another yacht.

The distribution of part of a company's earnings to shareholders, usually twice a year in the.

Ships time was counted by the half hour, starting at midnight. A half hour after twelve was one bell; one o'clock, two bells; and so on until four o'clock, which was eight bells. The counting then started over again, with 4

British standard pipe tapered.

A consolidation service, putting small shipments into containers for shipment.

A piece of equipment designed to lift containers by their corner castings.

A term used in life assurance where under certain conditions, life assurance premium relief.

Movement of crest of a progressive wave. Can also refer to radio waves.

Contracts with berth CIP. NOR can be given when within commercial limits of the port

Under U.S. tax law, a corporation created to obtain tax exemption on part of the earnings of U.S. products in foreign markets. Must be set-up as a foreign corporation with an office outside the USA.

Sailing as close to the wind as possible with all sails full and drawing.