Costs that do not vary with the level of activity. Some fixed costs continue even if no cargo is carried. Terminal leases, rent and property taxes are fixed costs.

Securities which pay a fixed rate of interest. Government bonds (gilts) are the best known example..

A navigational light with a steady beam of light, having no intervals of darkness.

When the terms and conditions of a charter party have been agreed, except few minor details.

A type of mortgage where interest repayments to the lender are fixed until maturity or for a.

See ceilometer.

Registry of the vessel is foreign to that of the country in which the company that owns the ship is located.

All naval officers with the rank of rear admiral (or its equivalent) and above.

Dispensation, given by a country which reserves the carriage of goods to ships of its own national fleet.

Nautical Flag meanings can be found here.

The ship that carries an admiral's flag.

(1) To lay a line out in coils so that it can run without fouling. (2) Folding a sail in layers on the boom.

Short, discontinuous internal fissures in wrought metals attributed to stresses produced by localized transformation and decreased solubility of hydrogen during cooling after hot working. In a fracture surface. flakes appear as bright silvery areas; on an ...

A safety device used to prevent or stop unwanted flames.

Thermal spraying in which coating material is fed into an oxyfuel gas flame, where it is melted. Compressed gas may or may not be used to atomize the coating material and propel it onto the substrate.

A measure of the surface burning characteristics of a material.

A measure of the relative flame spread, and smoke development, from a material being tested. The flame spread rating is a single number comparing the flame spread of a material with red oak, arbitrarily given the number 100 and asbestos cement board with ...

A bolted rim used for attachment to another object.

Is the lowest temperature to which oil must be heated under standardized test conditions to drive off sufficient inflammable vapour to flash when brought into contact with a flame. Flash points of petroleum based lubricants increase with increasing pressu ...

Lowest temperature at which a product gives off an inflammable gas when mixed with air.