Very Large Crude Carrier (between 160,000 - 320,000 DWT)

A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.- Broadly speaking, any agreement to purchase goods under specified terms.

Independent Tank, Center

In a sailing ship carrying multiple masts, the mast set closest to the stern.

Closed, curved, flexible tube of elliptic cross section which is deformed, according to type, by variations of atmosphere spheric pressure or temperature and so provides a measurement of the particular parameter.

Motor Whaler.

The incremental cost to an electric power producer to generate or purchase a unit of electricity or capacity or both.

The load that a power generation unit or other electrical apparatus or heating unit is rated by the manufacture to be able to meet or supply.

Urgent Marine Information Broadcast

An offer which is not conditional in any way.

Cooking liquor from the kraft pulping process produced by recausticizing green liquor with lime.

Nippon Kaiji Kyokai. Japanese Classification Society

In the futures market the price of a contract for future delivery of a commodity usually trades.

See river basin.

Vertical Centre of Buoyancy

Medium earth orbit (satellite configuration)

A computed characteristic of a particular river basin, expressed as the time difference between the time-center of mass of rainfall and the time-center of mass of resulting runoff.

Sometimes called a pulsation damper this is a small receiver fitted on the inlet or discharge of a reciprocating compressor. The device is designed to remove the resonance from the compressor thereby reducing noise.

Valencia Terminal Europe. Car carrier terminal in Spain.

The difference between amounts of precipitation and runoff for a given storm. It is that portion of the precipitation that remains in the basin as soil moisture, surface storage, ground water, etc.