An allowable expense subtracted from gross income to reduce income tax liability. An exemption.

An unhandy seaman.

A short, confused sea.

A rail service whereby rail cars carry containers stacked two high on specially operated unit trains. Each train includes up to 35 articulated multi-platform cars. Each car is comprised of 5 well-type platforms upon which containers can be stacked. No cha ...

Unjustified overtrading by a stockbroker or fund manager.

A local taxation system which was introduced on 1st April 1993 to replace the previous and.

An indemnity issued to the carrier by a bank; protects the carrier against any possible losses or damages arising from release of the merchandise to the receiving party. This instrument is usually issued when the bill of lading is lost or is not available ...

Path through open water used for commercial vessel passage and so noted on chart

1.Dead reckoning.2.Double Reduction.3. Dead Reckoning

A bolt fitted with a ring through its eye, used for securing, running, rigging, etc.

Electrical measurement. The output of one or several electric machines. Load also denotes the power carried by a particular circuit.

Moving belt which brings a continuous supply of buckets loaded with bulk commodities.

Old sailor's term for a flat calm with no wind.

Machines in which axial vanes slide radially in an eccentrically mounted rotor.

Wing-like retractable devices extending from the sides of the vessel to dampen down rolling in seas and produce a steadier, smoother, and more comfortable motion.

A consolidation service, putting small shipments into containers for shipment.

The sale of an option, by a holder, identical to the option which is held. This transaction.

See Owner Code.

An endowment assurance, on the life of a child, which can be taken as cash at maturity or converted.

The construction system employed in container vessels; permits ship containers to be stowed in a vertical line with each container supporting the one above it.