Another term used to describe brokerage firms because they earn their living by charging.

Place where cargo is loaded and leaves a country.

A rate applicable to or from a group of points.- A special rate applicable to several different articles in a single shipment.

The process by which interest earned on an investment is added back to the amount invested, so.

The operation of reducing a sail by taking in one or more of the reefs.

National flag or insignia flown by a ship at sea.

The North Star; visible in the northern hemisphere and indicates the direction of north. In the southern hemisphere the Southern Cross is used to find the direction of south.

A representation on a plane surface of the spherical surface of the earth. The equivalent of a map for use by navigators.

A region of relatively shallow water surrounding a land mass where the depth increases gradually before it plunges into the deeps of the ocean.

Abnormal, rapid reciprocating movement of the disc on the seat of a pressure relief valve.

A device for issuing fog signals, used for giving a warning of a vessel's presence in fog. These signals are also made by lighthouses.

A set of radio, sound, and visual signals designed to aid in communications between vessels without language problems. It can be used with Morse Code, with signal pennants, and by spoken code letters.

Finely-divided water swept from crest of waves by strong winds.

The bank that adds its confirmation to another bank's (the issuing bank's) letter of credit and promises to pay the beneficiary upon presentation of documents specified in the letter of credit.

Port where cargo is unloaded and enters a country.

A navigational tool used to measure distances on a chart.

A winch with the ability to hold and haul a tensioned mooring rope and having a capacity for rope storage, controlled solely by hand.

The process of declaring the importation of foreign-made goods into the United States for use in the United States.

A metal plate, strap, or rod bolted to the hull structure to which the lower ends of shrouds and stays are attached

This term is used for turbo compressors and represents the maximum flow condition. It is sometimes also referred to as stonewalling.