subtracted

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2H

SecondHalf

AlEAcceptExcept

A/SAlongside

AAAlwaysAfloat

AAAAAlwaysAccessibleAlwaysAfloat

ionforaveslwhilstinport

AARAAmsterdam-Antwerp-RotterdamArea

ABAFTTowardtherear(stern).

ABOARDOnorwithintheship

ABOVEDECKOnthedeck(notoverit-eALOFT)

ABTAbout

ADCOMAddressCommission

ADDENDUMAdditionalcharteringtermsattheendofacharterparty

AFFREIGHTMENTThehiringofashipinwholeorpart

AFSPSArrivalFirstSeaPilotStation(Norway)

AFTAtortowardsthesternorrearofaship

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AGROUNDTouchingorfasttothebottom

AGWAllGoingVell

AHRangeAntwerpHamburgRange

AHLAustralianHoldLadders

AIDSTO

NAVIGATION

Artificialobjectstosupplementnaturallandmarksindicatingsafeandunsafewaters

ALOFrAbovethedeckoftheship

AMIDSHIPSInortowardthecentreoftheship

ANCHORAGEAplacesuitableforanchorageinrelationtothewind,asandbottom

ANTHAMAntwerp-HarnhurgRange

AOBAsonBoard

APAllPurpo

APMTAsperMainTerms

APSArrivalPilotStation

ARAAmsterdam-Rotterdam-AntwerpRange

ARARange

AntwerpRotterdamAmsterdamRange

ARAG

Anisterdam-Rotterdam--Antwerp-GentRange

ARBITRATION

eusuallyina

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charterparty

ASI3A

AmericanShiphrokcrsAssociation

theWorld

teofahead

ATDNSH[NCAnyTimeDay/NightSundaysandHolidaysIncluded

ATHWARTSHIPSAtrightanglestothecentrelineoftheship

ATUTCActualTimesUdtoCount

AWADAvailableWaterArrivalDraft

BABaleCapacity

BACKLETTER

Wherealler/shipperissuesa‘letterofindemnity’infavourofthecarrierin

exchangeforacleanbilloflading

BAF

urchargeexpresdasapercentageaddedor

subtractedfromthefreightamount,reflectingthemovementinthemarketplace

priceforbunkers.

apacityofaveslsholdstocarrypackageddrycargosuchasbales/pallets

BALLAST

Heavyweight,oftenawater,necessaryforthestabilityandsafetyofashipwhich

isnotcarryingcargo

BAREBOATCHTR.

BareboatCharter—Ownersleaaspecilicshipandcontrolitstechnical

rerstakeoverallresponsibility

fortheoperationoftheveslandexpensfortheduration.

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BB(BALLAST

BONUS)

Compensationforrelativelylongballastvoyage

BBB

tofreightpaymentsthatmustbereceivedbefore

dischargeofaveslcommences

BDIBothDatesInclusive

BEAMThemaximumbreadthorthegreatestwidthofaship

BELOWBeneaththedeck

BENDSBothEnds(Load&DischargePorts)

BFCClauBaltimeFormCClau

BFCSaturdayClau

ayshallnotcountas

laytimeatloadinganddischargingportorportswherestevedoringlaborand/or

grainhandlingfacilitiesareunavailableonSaturdayoravailableonlyatovertiim

and/orpremiumrates.

InportswhereonlypartofSaturdayisaffectedbysuchconditions,asdescribed

eshallcountuntiltheexpirationofthelaststraighttimeperiod.

ayshallcount

asafulllayday.

BIBothInclusive

BIMCOTheBalticandInternationalMaritimeCouncil

BL1Bale

BL2(BillofLading)AdocumentsignedbythecarrierwhichactsasaContractof

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ptandevidenceoftitletothecargo.

BMBeam

BNBookingNote

BOBBunkeronBoard

BODBunkeronDelivery

BOFFERBestOffer

BOWTheforwardpartofaship

BORBunkeronRe-Delivery

BROBBunkersRemainingonBoard

BROKERAGE

Percentageoffreightpayabletobroker(byownersinc/ps;orapplicabletosaleor

purcha

BSS1/1BasisIPorttoIPort

BTBerthTems

BULKHEADAverticalpartitionparatingcompartments

BUNDLING

Thisistheasmblyofpiecesofcargo,curedintoonemanageableunit.

ThisisrelevanttoitemssuchasStructuralSteel,Handrails,Stairwaytc.

Whilstthisisaveryflexibledescription,aruleofthumbistoprentcargoat

asizeeasilyhandledbyalarge(20tonne)forklift.

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BUNKRESNamegivenforveslsFuelandDielOilsupplies(Originatesfromcoalbunkers)

BUOY

Ananchoredfloatudformarkingapositiononthewaterorahazardorashoal

andformooring

BWADBrackishWaterArrivalDraft

C/E/ainmentandVictuaIlin

C/yorpersonreceivingconsignment

CAFCurrencyAdjustmentFactor

CBFTiorCFT)CubicFeet

CBMCubicMetres

CFR(orC&FCostandFreight

CHARTAmapudbynavigators

CHOPTCharterersOption

CHTRSCharterers

CIF

nce&paysallthecoststoanominatedportorplaceof

discharge.

C1PCarriageandInsurancepaidto...

CKDCompletelyknockeddowii

CNRCharterernotReported

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COA

ContractofAffreightment-Ownersagreetoacceptacostperrevenuetonneforcargocarried

onaspecificnumberofvoyages.

COACPContractofAffreightmentCharterParty

COBClosingofBusiness

COBLDNClosingofBusinessLondon

CODCashOnDelivery

COGSACarriageofGoodsbySeaAct

COMBOCombinationPort

CONGESTIONPortfbcrthdelays

CONSConsumption

COPCustomOfPort

CP(orC/P)CharterParty

CPDCharterersPayDues

CPTCarriagePaidTo

CQD

CustomaryQuickDespatch.(Noloading/atch/demurrage

payable)

CQDCustomaryQuickDespatch

CRCurrentRate

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CRNCrane

CRC)B

CargoRemainingonBoard

CRT

ucedbycharterersbadonshortageofdeliveredcargo

becauofincreadoilprices

CST

Centistoke

CTR

ContainerFitted

D/ADisburmentAccount

DADisburmentAccount

DAF

DeliverAtFrontier

DAMFORDET

yiicargoisnotreadywhenshiparrivesforworking

(1stdayofLaycan).

thecargoisreadythereisnoDAMFORDET.

DAPS

LayDaysAllpurpoatbothloadanddisport

DAPS

DaysallPurpos(Totaldaysforloading&discharging)

DC

DirectContinuation

DDP

DeliveredDutyPaid.

DDIJ

DeliveredDutyunpaid.

DECK

anypartthereof

DEM

Demurrage(QuayRent).Moneypaidbytheshipperfortheoccupyingportspace

beyondaspecified“FreeTime”period.

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DEQ

DeliveredExQuay

DES

DeliveredExShip

DESP

ved,rewardforquickturnaround-indrycargoonly

DET

Detention(SeeDAMFORDET)

DEV

departurefromspecifiedvoyagecour

DFRT-

ookedbyshipperorchartereronaveslbutnotud

DHD

Despatchhalfdemurrage

DHDATSBE

DespatchHalfDemurrageonAllTimeSavedBothEnds

DHDWTSBE

DespatchHalfDemurrageonWorkingTimeSavedBothEnds

DISCH

Discharge

DK

Deck

DLOSPDroppingLastOutwardsSeaPilot(Norway)

DIRIDDunnageRemovalandDisposal

DLTDelete

DNRCAOSLONLDiscountlessandNon-ReturnableCargoandlorShipLostorNotLost

DO

DielOil

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DOLSPDroppingOffLastSeaPilot(Norway)

DOPDroppingOutwardPilot

DOTDepartmentofTransport

DRAUGHT(or

DRAFT)

thvariesaccordingtothe

designoftheshipandwillhegreaterorlesrdependingnotonlyontheweightof

oonthedensityofthewaterinwhichthe

shipislying.

DRKDerrick

DUNNAGE

imberorflatting,placedamongthecargoforparation,and

tilationand,inthecaofcertaincargoes,toprovide

spaceinwhichthetynesofaforklifttruckmayheinrted.

DWAT(orDWT)

ofcargo,ferencebetweenlighship

andloadeddisplacement.

DWCCDeadweightCargoCapacity

EBBAreceedingcurrent

ECEastCoast

EIUEvenIfUd

ELVENTElectricVentilation

ETAEstimatedTimeofArrival

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ETCEstimatedTimeofCompletion

ETDEstimatedTimeofDeparture

ETREstimatedTimeofReadiness

ETSEstimatedTimeofSailing

EXWExWorks

FACFastascan

FAS

deliversgoodstoappropriatedockorterminalatportof

embarkationandbuyercoverscostsandrisksofloading

FCA

nequivalentofFASudinintermodaltransportwhere

goodsaretransferredatanominatedforwarderspremis,depotorterminalbutnot

actuallyonboardvesl

FD(FDIS)FreeDischarge

FDDFreightDemurrageDeadfreight

FDEDANRSAOCLONL

FreightDeemedEarned,DiscoundessAndNon-Returnable(Refundable)ShipAndOrCargoLost

OrNotLost

FDESPFreeDespatch

FLNDERAcushion,entdainae

FEUStandard40’Container

FGOSForGoodOrderSake

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FHEXFridays/HolidaysExcluded

FHINCFridaysIHolidaysIncluded

FILO

FreeIn/ightwithwhichtheshipperpaysloadcostsandthecarrier

paysfordischargecosts.

FlO

FreeIn/oading/discharging

costs,rtererpaysforcostofloading/dischargingcargo.

FIOSFreeIn/O,butexcludesstowagecosts.

FIOSPTFreeinandOutspoutTrimmed

FIOST

rerpaysforcostofloading/dischargingcargo,

includingstowageandtrimming.

HOT

FreeIn/IOShutincludestrimming,ellingof

ludesloading/dischargingand

stowagecosts.

FITFreeInTrimmed

FIWFreeInWagon

FIXINGCharteringaVesl

FIXTUREConclusionofshiphrokcrsnegotiationstocharteraship-anagreement

FLATPACKINGCargotobeprentedstackedandcuredasanintegralunit.

FLTPullLinerTerms

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FMCFederalMaritimeCommission

FMEForceMajeureExcepted

FMSFathoms

FO’ForOrders

FO(IFO)FuelOilllntermediateFO

FOB

esthegoods“overtheship’srail”ontotheshipwhichis

arrangedandpaidftrbythebuyer

FOFFER

FirmOffer

FOG

ForOurGuidance

FOQ

FreeOnQuay

FOR

FreeOnRail

FORCEMAJEURE

rsandreceiversofcargo.

FORE-AND-AFF

Inalineparalleltothekeel

FORWARD

Towardthehowoftheship

FOT

FreeOnTruck

FOW1FirstOpenWater

FOW2FreeOnWharf

ncebytheHealthAuthorities

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ttemptatbestofferthatcanbematched

FREEDESPATCFI

Ifloading/dischargingachievedsoonerthanagreed,therewillhenofreightmoney

returned.

FREEEXINSFreeofanyExtraInsurance(Owners)

FreeofD/AD/Apaidbycharterers

esafreightonly.

FREEBOARDTheminimumverticaldistancefromthesurfaceofthewatertothegunwale

ayableondeliveryofcargoinamercantilecondition

FRUSTRATION

Chartererswhencancellingagreementsometimesquote‘doctrineoffrustration’i.e.

veslislost,extensivedelays.

FWADFreshWaterArrivalDraft

FWDDFreshWaterDepartureDraft

FX(FHEX)FridayHolidayExcluded

FYGForYourGuidance

FYIForYourInformation

GAGeneralAverage

,tackleandotherequipment

GLS(GLESS)Gearless

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ON(orOR)Grain(Capacity)

GNCN‘Gencon(GENERALCONDITIONS)

GOGasOilI

apacityingrain

GRGrainCapacity

norderofcalling

GRDGeared

GRT

GrossRegisteredTonnageI

rth

GSPGood,SafePort

GTEE

Guarantee

GUNWALE

Theupperedgeofaship’ssides

HAHatch

HAGUERULES

CodeofminimumconditionsforthecarriageofcargounderaBillofLading

I-IATCL-I

Anopeninginaship’sdecktitledwithawaertighcover

HBF

HarmlessBulkFertilizer

HDLTSBENDS

HalfDespatchLayTimeSavedBothEnds

HDWTS

HalfDespatchWorking(orVeather)TimeSaved

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HHDW

HandyHeavyd.w.(Scrap)

HIRET/CRemuneration

HMSHeavyMeltingScrap

HMSHeavyMetalScraps

HOHold

HOLD

Acompartmentbelowdeckinalargevesl,udsolelyforcarryingcargo

HSS

HeavyGrainSorghgum,Soya

HULLThemainbodyofaship

HWHighWater

IACIncludingAddressCommission

ICW

IntercoastalWaterway:bays,rivers,andcanalsalongthecoasts(suchastheAtlantic

andGulfofMexicocoasts),connectedsothatveslsmaytravelwithoutgoinginto

thea

ILA

IMOGInternationalMaritimeDangerousGoodsCode

IMOInternationalMaritimeOranisation

IN&JOROVER

Goodscarriedbelowand/orondeck

INCOTERMS

(RefertocommentsincoveringstatementonfrontpageA-F)

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IND

Indication

INTERMODAL

,road,railandair

withinasinglejourney

ITF

InternationalTransportWorkersFederation(TradeUnions).Compliesoilcrewing

ITINERARY

le

IU

IfUd

IUKTAUTC

’TimeActuallyToCount

IWLInstituteWarrantyLimits

JUMPINGHOLDAlternateHoldLoading

KEEL‘I’hecentrelineofashiprunningforeandaft:thebackboneofavesl

KNOTAmeasurementofspeedequaltoonenauticalmile(6.076feet)perhour

IJCLetterofCredit

LANEMETER

AmethodofmeasuringthespacecapacityofRo/Roshipswherebyeachunit

ofspace(LinearMeter)isreprentedbyanareaofdeckI.0meterinlength

x2.0metersinwidth.

LASHToholdgoodsinpositionbyuofRopes,Wires,ChainsorStraptc.

LAT

tancenorthorsouthoftheequatormeasuredandexpresdin

degrees.

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LAYCANLaycan(LaydayCancellingDate)

LA’YTIMETimeatCharterersdisposalforpurpoofloading/discharging

LCRLowestCurrentRate

LEEThesideshelteredfromthewind

LEEWARDThedirectionawayfromthewindOppositeofwindward

LEEWAYThesidewaysmovementoftheshipcaudbyeitherwindorcurrent

LF

tageofcargoorpasngerscarrie.g.4,000tonscarriedona

veslof10.000capacityhasaloadfactorof40%

LIENRetentionofpropertyuntiloutstandingdebtispaid

LMELargeModernEconomic

LNGLiquefiedNaturalGas

LOALengthOverallofthevesl

LOADLINESEEPLIMSOLLLINEI

LOFLloydsOpenForni

,adevicetomeasurespeed

LOlLetterofIndemnity

d

LOWLastOpenVater

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LPLoadPort

LS(orLUMPS)

LumpsumFreightMoneypaidtoShipperforacharterofaship(orportion)upto

staledlimitirrespectiveofquantityofcargo

LSDLashedSecuredDtmnnaged

LT1LinerTerms

LT2LongTon1,016.05kilogram(2.240Ibs)

LTHHLinerTermsHook!Hook

LWLowVater

LYCNLaycan(LaydayCancellingDate)

MJVMotorVeslIMerchantVesl

MANIFESTInventoryofcargoonboard

MBMerchantBroker

lockandTurnings(scrapcargo)

MDO(DO)MarineDielOil

MICManInCharge

MIDSHIPApproximatelyinthelocationequallydistantfromthebowandstern

MIN/MAXMinirnurnfMaximum(cargoquantity)

MOAMemorandumofAgreement

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MOLCHOPTMoreorLessCharterersOption

MOLOOMoreorLessOwnersOption

MOORINGAnarrangementforcuringashiptoamooringbuoyorpier

MTMerticTonne(i.e.1,000kilos)

N/CNoCombination

N/RNoticeofReadiness

NAABSANotAlwaysAfloatButSafelyAground

NABRNotAboveBatonRoue

NABIBRNotAboveButIncludingBatonRogue

NAVIGATIONTheartandscienceofconductingashipsafelyfromonepointtoanother

NCBNationalCargoBureau

NDASNoDielatSea

NESTING

Impli

particularlyrelevantintheprentationof

tankagestrakesfortransport

NM

uteoflatitude:approximately6.076feet-about1/8longerthanthe

statutemileof5.280feet

NON-REVERSIBLE

(Detentiun).veddayswillnotbe

addedtodischargetimeallowed.

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NORNoticeofReadiness

NRTNetRestrictedTonnage

NYPENewYorkProduceExchange

OAPOverAgePremium

OBOOre/BulklOilVesl

OOOwnersOption

OSHOpenShelterDeck

OSPOneSeaPort

OVERBOARDOverthesideoroutoftheship

OWSOwners

P&IProtectionandIndemnityInsurance

PASTUSPastUs

PCPeriodofCharter

PCGOPartCargo

CRPercent

PDPRPerDayProRata

PERSEByItlf

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PERDIEMBytheDay

PHPDPerHatchPerDay

PICO

PortinCharterersOption

internationallyrecognidlinepaintedonthesideofmerchantships.

TBN

ToBeNamed/ToBeNominated

TC

TimeCharter—Ownersagreetohireaparticularshipforatlengthoftimeand

getc.

TCPTimeCharterParty

TCTTimecharterTrip

TEUStandard20Container

THURSPMFHEXEIUThursdayPMFridayHolidayExcludedevenifud

THWARTSHIPSAtrightanglestothecentrelineoftheship

TIDETheperiodicriandfallofwaterlevelintheoceans

TIMEBARTimeafterwhichlegalclaimswillnotheentered

TOPSIDES

Thesidesofashipbetweenthewaterlineandthedeck:sometimesreferringtoonto

orabovethedeck

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TRIMForeandaftbalanceofaship

TTTurnTime

TTLTotal

TWTveenDecker

IJCAEUnforeenCircumstancesAlwaysExcepted

USCUnlessSoonerCommenced

UUUnlessUs

UUIWCTAUTCUnlessUdInWhichCaTimeActuallyUdToCount

VPDVeslPaysDues

WATERLINE

Alinepaintedonahullwhichshowsthepointtowhichashipsinkswhenitis

properlytrimmed

WAYMovementofashipthroughwatersuchasheadway,sternwayorleeway

VECONWhetherEnteredCustomsornot

WCCONWhetherCustomsClearedOrNot

WIBONWhetherInBerthOrNot

WIFPONWhetherInFreePratiqueOrNotI

WINDVARDTowardthedirectionfromwhichthewindiscoming

WIPONWhetherInPortOrNotI

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WLTOHCWaterLine-To-HatchCoaming

WOOWithoutGuarantee

WP

meduringwhichweatherpreventsworkingshallnot

countaslaytime

WPSURVEYWithoutPrejudiceSurvey

WPDWeatherPermittinsDay

WRIC‘ireRodsInCoils

WWDWeatherWorkingDay

eady

WWWW

VARYorkAnwcrpRules

YAWToswingorsteeroilcour,aswhenrunningwithaquarteringa

ZUTC=GMT