A condition within the letter of credit which restricts its negotiation to a named bank.

The total price to move cargo from origin to destination, inclusive of all charges.

The quantity of goods that may be imported without restriction during a set period of time.

Abbreviation for "Just In Time." In this method of inventory control, warehousing is minimal or nonexistent; the container is the movable warehouse and must arrive "just in time;" not too early nor too late.

A commission issued, licensing the commander of a privately owned ship to cruise in search of enemy merchant vessels. see Privateer.

Japanese tapered pipe thread (Male).

The pressure of a system or device measured from absolute zero.

A person authorized to transact business for and in the name of another person or company. Types of agent are:(1) brokers,(2) commission merchants,(3) resident buyers,(4) sales agents,5) manufacturer's representatives.

A charter in which the bare ship is chartered without crew; the charterer, for a stipulated sum taking over the vessel for a stated period of time, with a minimum of restrictions; the charterer appoints the master and the crew and pays all running expense ...

Hollow vessel of iron, steel or wood, that is filled with water and sunk under a vessel. When water is pumped out, the buoyancy of the camel lifts the ship. Very valuable aid to salvage operations.

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

To tie something with a line; to secure

Smaller powered boat used to provide steerage-way when not under sail.

The vertical barrel device used to heave in cable or lines.

A member of the ship's crew.

A buoy moored near a Lightship from which she can check her position to make sure that she has not moved by dragging.

A reef in a spanker or fore-and-aft mainsail, which runs from the outer head-earing, diagonally, to the tack. It is the closest reef, and makes the sail triangular, or nearly so.

Saluting

(Compressors/Gas Turbines) Is an alarm system that has maybe 3 sensors connected to it and it will require minimum of 2 of the 3 to alarm before the alarm will act. There is a controller connected that does the logic decision based on set parameters.

An electronic communications or direction finding system which uses Very High Frequency radio waves. VHF radios are the most common communications radio carried on boats, but their range is usually limited to line of sight between the transmitting and rec ...