Assembly and Installation

(Free Carrier) (... Named Place):A Term of Sale which means the seller fulfills their obligation when he or she has handed over the goods, cleared for export, into the charge of the carrier named by the buyer at the named place or point. If no precise poi ...

Letter Of Credit

Designates the owner who receives the benefits or profits from the operation.

Automation and Robotics

G2B Radio transmission designatorPhase modulation (automatic reception). A single channel containing quantized or digital information with the use of a modulating sub-carrier. (ALRS)

The situation of a vessel when she lies with all her sails furled and her helm lashed a-lee.

Element in the freight charged by a shipping line which reflects the additional costs of serving a particular area.

A mooring line fixed to the bow of the boat and leading aft where it is attached to the dock. This prevents the boat from moving forward in its berth. Its opposite, the forward quarter spring line, is used to keep the boat from moving aft in its berth.

Overtime.

Where a seller/shipper issues a 'letter of indemnity' in favour of the carrier in exchange for a clean bill of lading

Work done by a man who bustles about doing nothing. Usually amplified by adding "running twice round the scuttle butt and once round the longboat".

Burned.

Twenty Foot Equivalent Unit (containers): A measurement of cargo-carrying capacity on a containership, referring to a common container size of 20 ft in length.

American Society of Mechanical Engineers

(See TAUNT.)

The process in which incident radiation is retained by a substance. A further process always results from absorption.

A temperature scale based on absolute zero. Same as Kelvin temperature scale.

Free air delivery. Air at the atmospheric conditions of the site and unaffected by the compressor. Flow is measured at the discharge valve of the compressor, after the aftercooler, the water separator and built in check valve. Capacity and power consumpti ...

Laydays/cancelling