Activity-Based Costing.

Hiring of a ship for a period of time during which the shipowner provides only the ship and the charterer provides the crew, all stores and bunkers and pays all operating costs.

Long tons (2,240 lbs.).

International Standards Organization which deals in standards of all sorts, ranging from documentation to equipment packaging and labeling.

Summary Report of Statutory Surveys.

A type of hygrometer which measures the water vapor content of the atmosphere by means of the absorption of vapor by a hygroscopic chemical.

Money paid to shipper for charter of a ship (or portion) up to stated limit irrespective of quantity of cargo

Outstanding Recommendations.

The hiring of a ship in whole or part

Code of Shipmanagement Standards

(Carriage and Insurance Paid To) (...Named Place of Destination):A Term of Sale which means the seller has the same obligations as under CPT, but with the addition that the seller has to procure cargo insurance against the buyer's risk of loss of or damag ...

(Delivered Duty paid) (...Named Port of Destination):"Delivered Duty Paid" means that 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 risks ...

Integrated Tug/Barge

A position or fix determined by observing landmarks or other objects to find the position.

Funnel shaped appliance fitted to the end of cargo suction lines in a tanker. They are designed to allow the cargo pump to draw the maximum amount of oil out of the cargo tank without admitting air to the system.

Consecutive Voyage

A basic equation in daytime visual range theory, relating the apparent luminance of a distant black object, the apparent luminance of the background sky above the horizon, and the extinction coefficient of the atmosphere, or the air layer near the ground. ...

When a liner cargo vessel accepts extra cargo to fill up the empty space remaining.

Metric tons (2,250 lbs.).

Growth of a cloud or precipitation particle by the collision and union of a frozen particle with a super-cooled water drop.