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A line leading from forward on the ship and secured to a forward inboard thwart of the boat in such a way as to permit quick release.

Category:Sea Words

(Cost and Freight) (...Named Port of Destination):A Term of Sale where the seller pays the costs and freight necessary to bring the goods to the named port of destination, Terms of Sale but the risk of loss of or damage to the goods, as (continued) well a ...

Category:Sea Words

A multipurpose ship that can carry ore, heavy dry bulk goods and oil. Although more expensive to build, they ultimately are more economical because they can make return journeys with cargo rather than empty as single-purpose ships often must.

Category:Sea Words

Cost of a product before transportation costs are figured in Free on Board Free on Board means that the seller delivers when the goods pass the ship’s rail at the named port of shipment. This means that the buyer has to bear all costs and risks of loss ...

Category:Sea Words

ZC

(See CCS or CS)

Category:Abbreviations

Electrode reaction equivalent to a transfer of positive charge from the electronic to the ionic conductor. An anodic reaction is an oxidation process. An example common in corrosion is: Me -> Me(+n) + n(e-)

The date to which accounts are made up for a company. When a company is incorporated, it will.

Category:Financial Terms

ASD

Azimuthing Stern Drive.

Category:Abbreviations

Insurance which pays benefits in the event of an accident. Items typically covered are medical.

Category:Financial Terms

Overseas Private Investment Corporation.

Category:Sea Words

UFC

Abbreviation for "Uniform Freight Classification."

Category:Sea Words

International Aeronautical and Maritime Search and Rescue Manual

Category:Abbreviations

An organisation, usually a merchant bank, which accepts or guarantees bills of.

Category:Financial Terms

Charterparty or Charter Party

Category:Abbreviations

OC

Oil-Lubricated Stern Bearing, Continuous Liner on Tailshaft

Category:Abbreviations

An appreciable reduction in corrosion by making a metal an anode and maintaining this highly polarized condition with very little current flow.

QD

Quadruple Screw

Category:Abbreviations

OCC

Operations Control Centre (INMARSAT)

Category:Abbreviations

Pipes made of heavy cast iron or steel through which the anchor chain runs; placed in the ship's bow on each side of the stem, or in some cases also at the stern when a stern anchor is used.

Category:Sea Words

Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal.

Category:Financial Terms