• LANE METER = method of measuring the space capacity of Ro/Ro ships whereby each unit of space is represented by an area of deck 1.0 meter in length x 2.0 meters in width.
• LASH  = To hold goods in position by use of Ropes, Wires, Chains or Straps
• LAT = Latitude
• LOA = Length Overall of the vessel
• LOW = Last Open Water
• LS (or LUMPS) = Lumpsum
• LSD = Lashed Secured Dunnaged
• LT = Liner Terms
• LW = Low Water
• LYCN = Laycan (Layday Canceling Date)
• MB = Merchant Broker
• MDO (DO) = Marine Diesel Oil
• MIN/MAX = Minimum/Maximum (cargo quantity)
• MOLCHOPT = More or Less Charterers Option
• MOLOO = More or Less Owners Option
• MT = Metric Ton (i.e. 1,000 kilos / 2204.6lbs)
• M/V = Motor Vessel
• NAABSA = Not Always Afloat But Safely Aground
• NCB = National Cargo Bureau
• NESTING = Implies that cargo is presented stacked in the contour of similarly shaped cargo, it may be likened to a stack of plates.
• NOR = Notice of Readiness
• NRT = Net Registered Tonnage
• NYPE = New York Produce Exchange
• MB = Merchant Broker
• MDO (DO) = Marine Diesel Oil
• MIN/MAX = Minimum/Maximum (cargo quantity)
• MOLCHOPT = More or Less Charterers Option
• MOLOO = More or Less Owners Option
• MT = Metric Ton (i.e. 1,000 kilos / 2204.6lbs)
• M/V = Motor Vessel
• OO = Owners Option
• OSH = Open Shelter Deck
• OWS = Owners
• PASTUS = Past Us
• PC = Period of Charter
• PCGO = Part Cargo
• PCT = Percent
• PDPR = Per Day Pro Rata
• PERDIEM = Per Diem = By the Day
• PHPD = Per Hatch Per Day
• PRATIQUE = License or permission to use a port
• RCVR = Receivers
• ROB = Remaining On Board
• RT = Revenue Ton (i.e. 1.0 metric Ton or 1.0 cubic meter, whichever is greater)
• SATPM = Saturday P.M.
• SB = Safe Berth
• SD (or SID) = Single Decker
• SEAFREIGHT = Costs charged for transporting goods over the sea. This does not cover any haulage or loading/discharging costs but the sea transport only.
• SELFD = Self Discharging
• SF = Stowage factor. Cubic space occupied by one ton (2,240 lbs/1,000 kgs) of cargo.
• SHINC = Sundays/Holidays Included
• SHEX = Sundays/Holidays Excluded
• SKIDS = Are bearers (timber or steel) positioned under cargo to enable fork lift handling at port, and for ease of rigging and lashing on board ship
• SL = Bale (capacity)
• SOC = Shipper Owned Container
• SOF = Statement Of Facts
• SP = Safe Port
• SRBL = Signing and Releasing Bill of Lading
• SSHEX (or SATSHEX) = Saturdays, Sundays, Holidays Excluded
• SSHINC = Saturdays, Sundays, Holidays Included
• (or SATSHINC)
• STABILITY = It is paramount that a vessel is stable in all respects at all times.
• STARBOARD = Right side of a ship when facing the bow
• STEM = Subject To Enough Merchandise (Availability of Cargo)
• STERN = The aft part of a ship
• SUB = Subject (to)
• SUPERCARGO = Person employed to supervise cargo handling operations. Often called a port captain.
• SWAD = Salt Water Arrival Draft
• SWDD = Salt Water Departure Draft
• TC = Time Charter Owners agree to hire a particular ship for a set length of time
• TEU = Twenty Foot Equivalency Unit Standard 20' Container
• TTL = Total
• TW = Tween Decker
• USC = Unless Sooner Commenced
• UU = Unless Used
• UUIUATUTC = Unless Used If Used Actual Time Used To Count
• VPD = Vessel Pays Dues
• WCCON = Whether Customs Cleared Or Not
• WIBON = Whether In Berth Or Not
• WIFPON = Whether In Free Pratique or not
• WIPON = Whether In Port Or Not
• WLTOHC (distance) Water Line-To-Hatch Coaming
• WOG = Without Guarantee
• WPD = Weather Permitting Day
• WWD = Weather Working Day
• WRIC = Wire Rods In Coils
• WWR = When, Where Ready
• WWWW = Wibon, Wccon, Wifpon, Wipon
• YAR = York Antwerp Rules

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