In the US, this refers to a corporation with only a small number of shareholders. Although a public.

(1) A small coastal inlet generally protected from the worst of the prevailing winds. (2) A thin, hollowed line cut along a yacht's sheer below deck level and traditionally gilded.

In a wheel, such as a steering wheel, a spoke is a rod that extends from the hub outwards to the rim.

Cost of goods, marine insurance and all transportation (freight) charges are paid to the foreign point of delivery by the seller.

A bank that, in its own country, handles the business of a foreign bank.

A rope network.

Small line consisting of several loosely twisted yarns.

Created by the US Congress in 1974 to regulate exchange trading in futures. URL:.

Elevated structure from which coal and other cargoes can be loaded into a vessel. Name is also given to a landing-place, or loading-place.

Amends the Act of 1984 to provide for confidential service contracts and other items.

A navigational tool used to measure distances on a chart.

(1) Prospective course over the ground for boat to follow. (2) A strip of metal attached to a mast to take the slides affixed to the luff of a sail.

Arrangements with a steamship line to transport containerized cargo.

A warehouse authorized by Customs authorities for storage of goods on which payment of duties is deferred until the goods are removed.

A large body of fish.

A measure of air compressor efficiency, usually in the form of bhp/100 acfm or acfm/bhp

The minimum amount of a commodity or financial instrument which can be traded in a futures or option.

Convention on International Regulations for Preventing Collisions at Sea; Rules of the Road. Internationally accepted rules by which vessels at sea must keep clear of each other.

Compounds containing chlorine, fluorine or bromine, used as aerosol propellants, refrigerants, foaming agents and solvents and which, on decomposition by sunlight, produce oxides of chlorine responsible for the removal of ozone from the stratosphere.

A document, certified by a consular official, is required by some countries to describe a shipment. Used by Customs of the foreign country, to verify the value, quantity and nature of the cargo.