GBFS = GRANULATED BLAST FURNACE SLAG

GMT – GREEN METRIC TON

GMT = GREENWICH MEAN TIME

GRT = GROSS REGISTERED TON / TONNAGE

GSB = GOOD SAFE BERTH

GSP = GOOD SAFE PORT

HBI = HOT BRIQUETTED IRON

H/H = HOLD/HATCH

HMS = HEAVY METAL SCRAP

HRC = HOT ROLLED COIL

HVR = HAGUE-VISBY RULES

HW = HIGH WATER

IAC = INCLUDING ADDRESS COMMISSION

IACS = INTERNATIONAL ASSOCIATION OF CLASSIFICATION SOCIETIES

IAGW = IF ALL GOING WELL

ICS = THE INSTITUTE OF CHARTERED SHIPBROKERS

ILOHC = IN LIEU OF HOLD CLEANING

IMDG = INTERNATIONAL MARITIME DANGEROUS GOODS CODE

IMO = INTER-GOVERNMENTAL MARITIME ORGANIZATION

IMO = INTERNATIONAL MARITIME ORGANIZATION

IOF = IRON ORE FINE

ISPS = INTERNATIONAL SHIPS & PORT SECURITY SYSTEM

ITF = INTERNATIONAL TRANSPORT WORKERS FEDERATION

IUATUTC = IF USED ACTUAL TIME USED TO COUNT

IUHTAUTC = IF USED HALF TIME ACTUALLY USED TO COUNT

IWL = INSTITUTE WARRENTY LIMITS

LBP = LENGTH BETWEEN PERPENDICULARS

LL = LADEN LEG

LLP = LLOYD’S LAW REPORTS

LMAA = LONDON MARITIME ARBITRATORS ASSOCIATION

LOA = LENGTH OVERALL

LOF = LLOYDS OPEN FORM

LOI = LETTER OF INDEMNITY

LO/LO = LIFT-ON/LIFT-OFF

LR = LLOYD’S REGISTER

L/S = LUMPSUM

L/S/D = LASHING / SECURING / DUNNAGE

LT = LOCAL TIME

LTSBE = LAYTIME SAVED BOTH ENDS

M/E = MAIN ENGINE

MOA = MEMORANDUM OF AGREEMENT

MOLCO = MORE OR LESS CHARTERERS OPTION

MOLOO = MORE OR LESS OWNERS OPTION

MPP = MULTI-PURPOSES

M/R = MATE’S RECEIPT

MT = METRIC TON

MV = MOTOR VESSEL

NAABSA = NOT ALWAYS AFLOAT BUT SAFELY AGROUND

NB = NEW BUILDING

NCV = NO COMMERCIAL VALUE

NDAS = NO DIESEL AT SEA

NM = NAUTICAL MILE

NOR = NOTICE OF READINESS

NRT = NETT REGISTERED TON / TONNAGE

NTC EIU = NOT TO COUNT EVEN IF USED

NYPE = NEW YORK PRODUCE EXCHANGE

O/A = ON/ABOUT

OAP = OVER-AGED PREMIUM

OBO = ORE/BULK/OIL CARRIER

P&I = PROTECTION AND INDEMNITY

PBG = PERFORMANCE BANK GUARANTEE

PDPR = PER DAY PRO RATA

P/E = PURCHASE ENQUIRY

PF CP = PROFORMA CHARTER PARTY

PG = PERSIAN GULF

PHPD = PER HATCH PER DAY

PICO = PORT IN CHARTERERS OPTION

PMO = PASSING MUSCAT OUTWARD

PMPR = PER MONTH PRO RATA

PNC = PRIVATE AND CONFIDENTIAL

PPP = PURCHASING POWER PARITY

PSC = PORT STATE CONTROL

PWWD = PER WEATHER WORKING DAY

ROB = REMAINING ON BOARD

RO/RO = ROLL-ON ROLL-OFF

RPM = REVOLUTIONS PER MINUTE

RV = ROUND VOYAGE

SAFE = STATE ADMINISTRATION OF FOREIGN EXCHANGE

SASHEX = SATURDAY AFTERNOON SUNDAYS AND HOLIDAYS EXCEPTED / EXCLUDED

SBM = SINGLE BUOY MOORING

SBM = SOYBEAN MEAL

SBP = SAFE BERTH PORT

SBT = SEGREGATED BALLAST TANK

SDBC = SINGLE DECK BULK CARRIER

SDR = SPECIAL DRAWING RIGHT

SF = STOWAGE FACTOR

SG = SPECIFIC GRAVITY

SHEX = SUNDAYS AND HOLIDAYS EXCEPTED / EXCLUDED

SHINC = SUNDAYS AND HOLIDAYS INCLUDED

SINCHEX = SUNDAYS INCLUDED HOLIDAYS EXCLUDED

SMC = SAFETY MANAGEMENT CERTIFICATE

SOF = STATEMENT OF FACTS

S/R = SIGNING/RELEASING

SS = SPECIAL SURVEY

SSW = SUMMER SEA WATER

STBC = SELF TRIMMING BULK CARRIER

SWAD = SEA WATER ARRIVAL DRAFT

SWL = SAFE WORKING LOAD

TBA = TO BE ADVISED

TBF = TO BE FOR

TBMA = TO BE MUTUALLY AGREED