Abbreviation for:- Port of Loading.- Petroleum, Oil, and Lubricants.

ISO.

An articulated five-platform rail car that allows containers to be double stacked. A typical stack car holds ten 40-foot equivalent units (FEU's).

To ease away slowly, as in a line, sheet, or falls of a tackle.

A company in which the directors control more than half the voting shares, or where such control is.

The action of a whale when it comes to the surface and expels the seawater it has taken in while feeding. The traditional hail of the lookout in a whaling ship when sighting this spouting water is "There she blows".

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

A fitting of wood or metal, with horns, used for securing lines (tying up).

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

Mythical sea nymphs who charmed men with their melodious voices. Enchanted, the men would stop all work to listen and they would ultimately die of starvation because of their inability to sail any further.

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

The minimum amount of a commodity or financial instrument which can be traded in a futures or option.

A large and powerful sheet winch

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.

On a square-rigged ship, the yards are square by the braces when they are at right angles to the fore-and-aft lines of the ship.

Length of chain used for putting around logs or steel products.

(CFD) CFDs are a derivative product designed for active traders who want to have extra leverage in.

Along or around a coast.

A small round platform, smaller than a Crow's Nest, which was placed at the top of the mast to provide a greater range of vision from a ship at sea.

A traditional term in the British Navy for serving out an additional tot of rum or grog to a ship's crew. In sailing ship days the main brace was spliced (in terms of drink) in very bad weather or after a period of severe exertion by the crew.