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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

PERDIEM

Per Diem – By the Day

Term

PHPD

Per Hatch Per Day

Term

PORT

The left side of a ship looking forward. A harbour.

Term

PRATIQUE

Licence or permission to use a port

Term

PROFORMA

Estimated Account

Term

PU / PUS

Past Us

Term

PUS

Past Us

Term

PWWD

Per Weather Working Day i

Term

RCVR

Receiver

Term

RECAP

Recapitulation of the terms and conditions agreed

Term

REVERSIBLE(Detention)

. If loading completed sooner than expected at load port, then days saved can be added to discharge operations.

Term

ROB

Remaining On Board

Term

RT

Revenue Tonne

Term

SATPM

Saturday P.M.

Term

SB

Safe Berth

Term

SD (or SID)

Single Decker

Term

SEAFREIGHT

Costs charged for transporting goods over the sea. This does not cover haulage or loading/discharging costs but the sea transport only

Term

SELFD

Self Discharging

Term

SEMI

TRAILERS Are usually 12.0 meter flat bed road trailers

Term

SF

Stowage Facto

Term

SHEX

Sundays/Holidays Excluded

Term

SHINC

Sundays/Holidays Included

Term

SKIDS

Are bearers (timber or steel) positioned under the cargo to enable forklift handling at port, and for ease of rigging and lashing on board ship.

Term

SN

Satellite Navigation