Operating Differential Subsidy: A direct subsidy paid to U.S.-flag operators to offset the high operating cost of U.S.-flag ships when compared to foreign-flag counterparts.

General Agreement On Tariffs and Trade 1994 (now WTO)

International Bunker Industry Association Ltd

Variable Pitch Propeller

Working Paper

Land Earth Station

No Liner On Tailshaft

Naval Engineering CAD

There after

Technical Advisory Group

South Korea (Flag)

Large Automatic Navigation Buoy

International Cargo Advisory Bureau

Standard Carrier Alpha Code

Gross National Product: GDP plus the net income accruing from foreign sources.

Women's International Shipping and Trading Association

Mandatory Annual Survey (SOLAS,MARPOL)

International Maritime Industries Forum

Tender.

High Speed Craft. Mostly ferries, catamaran