Ship's boat kept ready for immediate lowering while at sea. When used for life-saving, it was called an "accident boat" or lifeboat.

A comparison of a carrier's operating expense with its net sales. The most general measure of operating efficiency.

Isolated rocky peak rising from a sheet of inland ice.

In charge of twelve to four watch. Ships navigation officer. Keeps charts (maps) up to date and monitors navigation equipment on bridge.

Said of a vessel when caught between ice on both sides.

Foaming water that rises upward immediately before stem of any craft being propelled through water.

A compressed air coupling commonly used on European rail and road vehicles to connect one vehicle to the next.

Order to pick up goods at a named place and deliver them to a pier. Usually issued by exporter to trucker but may apply to a railroad, which completes delivery by land. Use is limited to a few major U.S. ports. Also known as shipping delivery order.

To let go.

A party responsible for the payment as evidenced by the given instrument. Under letters of credit, the payer is the party on whom the draft is drawn, usually the drawee bank.

A letter of credit that allows the beneficiary to transfer in whole or in part to another beneficiary any amount which, in aggregate, of such transfers does not exceed the amount of the credit. Used by middlemen.

A place where boats can find fuel, water and other services. Marinas also contain slips where boats can stay for a period of time.

The vertical pole or spar that supports the boom and sails. a mast on a mechanically propelled vessel holds electronics antennas, lights, etc.

Movement of cargo by water from one country through the port of another country, thence, using rail or truck, to an inland point in that country or to a third country. As example, a through movement of Asian cargo to Europe across North America.

Unit of free air flow rate. Normal cubic meter per hour. The air in the following conditions:1.013 bar(a) of pressure; 0 degrees Celsius of temperature and 0% of relative humidity .

Surrounded by land.

Shore crane with a wide span.

A means of hauling up or lowering a cylindrical object.

Melting and becoming a liquid by absorbing moisture.

A trade arrangement in which goods are shipped to a foreign buyer without guarantee of payment.