A letter of credit issued for the purchase and financing of merchandise, similar to acceptance-type letter of credit, except that it requires presentation of sight drafts payable on an installment basis.

Insurance coverage for loss of goods resulting from any act of war.

Last date, agreed in a charter party, by which vessel must be available to the charterer at the agreed place.

Computer Assisted Manufacture

Years

The diffusion layer or the hypothetical thickness of this layer as given by the theory of Nernst, is defined by:id = n F D (Co - C)/dwhere, id = the diffusion limited current density, D = the diffusion coefficient, Co = the concentration at the electrode ...

1. On a line at right angles to a ship/s length.2. At right angles to the keel of the boat, but not on the boat.

The value of a bond, note or other security as printed on the document. Throughout the life.

Length Between Perpendiculars

"AGM" stands for "absorbed glass mat" and is the latest technological advance in vehicle battery design. It doesn't contain any fluid; it is completely safe if the casing gets damaged. AGM batteries have very long shelf lives; they can withstand freezing ...

A document required on merchandise imported into the United States.

Berth Terms

Bridge Resources Management.

A device to attach oars to a rowboat, allowing the operator to row rather than paddle the boat.

British Thermal Unit

Automated Radar Plotting Aid system to assist the watorchkeeper using the radar for collision prevention.

Automated Damage Control.

National oil and hazardous substances pollution Contigency Plan.

A power-driven cable lifter mounted on a vertical shaft. The shaft may be extended beyond the cable lifter to carry a warping end. The cable lifter is declutch-able from the prime mover, and in operation and use is similar to the windlass.

Boiler