A non-exhaustive list of common (and some not so common) chartering terms.
A - D
aa always afloat aaaa always accessible, always afloat adcom address commission afsps arrival first sea pilot station agw all going well aps arrival pilot station a/s alongside atdnshinc any time day/night Sundays and holidays included atutc actual times used to count baf bunker adjustment factor bbb before breaking bulk bdi both dates inclusive bends both ends (load and discharge ports) bi both inclusive cbft (or cft) cubic feet cfr (or c&f) cost and freight chopt charterers’ option chtrs charterers cif cost, insurance and freight coa contract of affreightment coacp contract of affreightment charterparty cogsa Carriage of Goods by Sea Act cp (or c/p) charterparty daps days all purposes damfordet damages for detention dem demurrage
D - H
dhdwtsbe despatch half demurrage on working time saved both ends disch discharge dk deck dlosp dropping last outward sea pilot dnrcaoslonl discountless and non-returnable cargo and/or ship lost or not lost dwat (or dwt) deadwright (weight of cargo, stores and water, i.e. the difference between lightship and loaded displacement) eiu even if used eta estimated time of arrival etc estimated time of completion etd estimated time of departure ets estimated time of sailing exw ex works fios free in and out stowed free out free of discharge costs to owners ga general average gls gearless gn (or gr) grain (capacity) go gas oil grd geared grt gross registered tonnage gsb good safe berth gsp good safe port gtee guarantee ha hatch hdwts half despatch working (or weather) time saved
I - P
imdg International Maritime Dangerous Goods Code imo International Maritime Organisation in &/or over goods carried below or on deck iu if used iuhtautc if used, half time actually used to count loa length overall of the vessel low last open water lsd lashed secured dunnaged mdo (do) marine diesel oil min/max minimum/maximum (cargo quantity) molchopt more or less in charterers’ option moloo more or less in owners’ option mt metric ton (i.e. 1,000 kg) mv motor vessel naabsa not always afloat but safely aground ncb National Cargo Bureau nor Notice of Readiness nrt net registered tonnage nype New York Produce Exchange oo owners’ option osh open shelter deck ows owners pdpr per day pro rata
P - W
phpd per hatch per day rob remaining on board sb safe berth sd (or sid) single decker sf stowage factor cubic space (measurement tonne) occupied by 1 tonne (2,240 lb/1,000 kg of cargo sl bale (capacity) soc shipper-owned container sof statement of facts sp safe port srbl signing and releasing bill of lading teu 20 ft equivalent unit (standard 20-ft container) usc unless sooner commenced uu unless used uuiwctautc unless used in which case time actually used to count wccon whether cleared customs or not wibon whether in berth or not wifpon whether in free pratique or not wipon whether in port or not wltohc water line-to-hatch coaming wog without guarantee wpd weather permitting day wvns within vessel’s natural segregation wwd weather working day wwww wibon, wifpon, wipon, wccon