Term
MOLCHOPT
More or Less Charterers Option
Charter-Party Reference
Chartering Terms
Search and browse a complete chartering glossary curated from operational market usage for owners, charterers, and shipbrokers.
Showing 24 of 339 terms
Term
MOLOO
More or Less Owners Option
Term
MOORING
An arrangement for securing a ship to a mooring buoy or pier
Term
MT
Mertic Tonne (i.e. 1,000 kilos)
Term
NAABSA
Not Always Afloat But Safely Aground
Term
NAVIGATION
The art and science of conducting a ship safely from one point to another
Term
NCB
National Cargo Bureau
Term
NESTING
that cargo is presented stacked in the contour of similarly shaped cargo, it may be likened to a stack of plates. This is particularly relevant in the presentation of tankage strakes for transport
Term
NM
Nautical Mile.
Term
NON
REVERSIBLE(Detention) - If loading completed sooner than expected, then saved days will not be added to discharge time allowed.
Term
NOR
Notice of Readiness
Term
NRT
Net Registered Tonnage
Term
NYPE
New York Produce Exchange
Term
OBO
Ore/Bulk/Oil Vessel
Term
OO
Owners Option
Term
OSH
Open Shelter Deck
Term
OVERBOARD
Over the side or out of the ship
Term
OWS
Owners
Term
P&I
Protection and Indemnity( Insurance )
Term
PC
Period of Charter
Term
PCGO
Part Cargo
Term
PCT
Percent
Term
PDPR
Per Day Pro Rata
Term
PER
SE By Itself