Low Pressure

Billion ECU

Cylinder.

Notice of Protest (see LOP)

National Bureau of Standards (see NIST

Federation of ASIAN Shipowners Association

Joint Venture

International Chamber of Shipping

Annual Survey

Kilowatt

International Maritime Organization.United Nation agency created the 6 March 1948, located in London and taking care of all shipping matters.

London Interbank Offered Rate

Inert Gas. Non reactive gas (Nitrogen, CO2) used to fill the tanks to prevent an accidental fire or explosion.

Original Equipment Manufacturer. An original equipment manufacturer, or OEM, manufactures products or components that are purchased by another company and retailed under that purchasing company's brand name.[OEM refers to the company that originally ma ...

Aluminium Alloy Pleasure Yacht.

Oil Pollution Act of 1990 (USA)

(See EUVROU.)

Vessel Traffic Management Services

Tanker Fresh Water.

European Currency Unit.